PAL (Proficient Auto Logistics) Accounts Payable & Accrued Expense : $26.1 Mil (As of Mar. 2025)

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What is Proficient Auto Logistics Accounts Payable & Accrued Expense?

Proficient Auto Logistics's quarterly accounts payable & accrued expense declined from Sep. 2024 ($23.3 Mil) to Dec. 2024 ($21.4 Mil) but then increased from Dec. 2024 ($21.4 Mil) to Mar. 2025 ($26.1 Mil).

Proficient Auto Logistics's annual accounts payable & accrued expense increased from Dec. 2022 ($0.0 Mil) to Dec. 2023 ($9.4 Mil) and increased from Dec. 2023 ($9.4 Mil) to Dec. 2024 ($21.4 Mil).

Proficient Auto Logistics Accounts Payable & Accrued Expense Historical Data

The historical data trend for Proficient Auto Logistics'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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Proficient Auto Logistics Accounts Payable & Accrued Expense Chart

Proficient Auto Logistics Annual Data

Trend

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

9.41

21.36

Proficient Auto Logistics Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				5.10	35.14	23.25	21.36	26.12

Proficient Auto Logistics 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.

Proficient Auto Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Proficient Auto Logistics Inc (NAS:PAL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12276 San Jose Boulevard, Suite 426, Jacksonville, FL, USA, 32223

Website

https://www.proautogistics.com

Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The reportable revenue categories of the company are Truckload and Brokerage. The company derives maximum revenue from the brokerage segment that retains the customer relationship, including billing and collection, and outsources the transportation of the loads to third-party carriers.