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Logistics Innovation Technologies (Logistics Innovation Technologies) Accounts Payable & Accrued Expense : $1.71 Mil (As of Mar. 2023)


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What is Logistics Innovation Technologies Accounts Payable & Accrued Expense?

Logistics Innovation Technologies's quarterly accounts payable & accrued expense declined from Sep. 2022 ($0.79 Mil) to Dec. 2022 ($0.60 Mil) but then increased from Dec. 2022 ($0.60 Mil) to Mar. 2023 ($1.71 Mil).

Logistics Innovation Technologies's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.14 Mil) and increased from Dec. 2021 ($0.14 Mil) to Dec. 2022 ($0.60 Mil).

Logistics Innovation Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Logistics Innovation 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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Logistics Innovation Technologies Accounts Payable & Accrued Expense Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
Accounts Payable & Accrued Expense
0.14 0.60

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 0.06 0.26 0.79 0.60 1.71

Logistics Innovation 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.

Logistics Innovation Technologies (Logistics Innovation Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Logistics Innovation Technologies Corp (NAS:LITT) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Website
Logistics Innovation Technologies Corp is a blank check company.
Executives
Andrew C Clarke director 430 AIRPORT ROAD, GREENVILLIE TN 37745
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
Alan Gershenhorn director, officer: CEO and Chairman 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Isaac Applbaum 10 percent owner 65 CHALLENGER ROAD, C/O VECTOR INTERSECT SECURITY ACQ. CORP., RIDGEFILED PARK NJ 07660
Bruno Sidler director 15350 VICKERY DRIVE, HOUSTON TX 77032
1p Management Llc director, 10 percent owner 3348 PEACHTREE ROAD, SUITE 700, ATLANTA GA 30326