PRTH (Priority Technology Holdings) Accounts Payable & Accrued Expense : $102.8 Mil (As of Sep. 2024)

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What is Priority Technology Holdings Accounts Payable & Accrued Expense?

Priority Technology Holdings's quarterly accounts payable & accrued expense increased from Mar. 2024 ($85.3 Mil) to Jun. 2024 ($102.8 Mil) and increased from Jun. 2024 ($102.8 Mil) to Sep. 2024 ($102.8 Mil).

Priority Technology Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($66.2 Mil) to Dec. 2022 ($80.6 Mil) but then declined from Dec. 2022 ($80.6 Mil) to Dec. 2023 ($76.9 Mil).

Priority Technology Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Priority Technology Holdings'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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Priority Technology Holdings Accounts Payable & Accrued Expense Chart

Priority Technology Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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46.28

53.65

66.19

80.56

76.92

Priority Technology Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															87.13	76.92	85.29	102.82	102.83

Priority Technology Holdings 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.

Priority Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Priority Technology Holdings Inc (NAS:PRTH) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

60W:Germany

Address

2001 Westside Parkway, Suite 155, Alpharetta, GA, USA, 30004

Website

http://www.prth.com

Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium businesses enterprises in the United States. The company has three reportable segments which are SMB Payments, B2B Payments and Enterprise Payments. SMB Payments segment which generates majority revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging priority's proprietary software platform, distributed through ISO; B2B Payments segment provides AP automation solutions to corporations, software partners and industry FIs: and Enterprise Payments segment provides embedded payment and treasury solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.

Executives

Sean Kiewiet	officer: Chief Technology Officer	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Rajiv Kumar	officer: Chief Accounting Officer	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Thomas Charles Priore	director, 10 percent owner, officer: President, CEO and Chairman	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
John Vito Priore	director, 10 percent owner, officer: President and CEO	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Tim O'leary	officer: Chief Financial Officer	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Stephen W Hipp	director	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marc A Crisafulli	director	C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
David Faupel	officer: Chief Marketing Officer	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Ranjana Ram	officer: Head of M&A Strategic Initiati	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, ALPHARETTA GA 30004
Anthony Martin Bonventre	officer: EVP Operations	C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marietta Davis	director	C/O SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Michael Passilla	director	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Pamela A Tefft	officer: Corporate Controller and Chief	11720 AMBER PARK DRIVE, SUITE 600, ALPHARETTA GA 30004
Bradley J Miller	officer: General Counsel and CRO	C/O UNITED COMMUNITY BANKS, INC., P.O. BOX 398, BLAIRSVILLE GA 30514
Priority Incentive Equity Holdings, Llc	director, 10 percent owner, officer: President, CEO and Chairman	2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004