FRGT (Freight Technologies) Accounts Payable & Accrued Expense : $3.00 Mil (As of Dec. 2024)

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What is Freight Technologies Accounts Payable & Accrued Expense?

Freight Technologies's quarterly accounts payable & accrued expense declined from Dec. 2023 ($4.35 Mil) to Jun. 2024 ($3.45 Mil) and declined from Jun. 2024 ($3.45 Mil) to Dec. 2024 ($3.00 Mil).

Freight Technologies's annual accounts payable & accrued expense increased from Dec. 2022 ($3.94 Mil) to Dec. 2023 ($4.35 Mil) but then declined from Dec. 2023 ($4.35 Mil) to Dec. 2024 ($3.00 Mil).

Freight Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Freight Technologies's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Freight Technologies Accounts Payable & Accrued Expense Chart

Freight Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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2.55

3.27

3.94

4.35

3.00

Freight Technologies Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							3.94	4.24	4.35	3.45	3.00

Freight Technologies Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Freight Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Freight Technologies Inc (NAS:FRGT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

2001 Timberloch Place, Suite 500, The Woodlands, TX, USA, 77380

Website

https://www.fr8technologies.com

Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is focused on making shipping transparent and efficient. Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility, and simplicity for the once-complex process of international over-the-road (OTR) shipping. The company uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.