Priority Technology Holdings (Priority Technology Holdings) Accounts Payable & Accrued Expense : $85.29 Mil (As of Mar. 2024)

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What is Priority Technology Holdings Accounts Payable & Accrued Expense?

Priority Technology Holdings's quarterly accounts payable & accrued expense declined from Sep. 2023 ($87.13 Mil) to Dec. 2023 ($76.92 Mil) but then increased from Dec. 2023 ($76.92 Mil) to Mar. 2024 ($85.29 Mil).

Priority Technology Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($66.19 Mil) to Dec. 2022 ($80.56 Mil) but then declined from Dec. 2022 ($80.56 Mil) to Dec. 2023 ($76.92 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
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															98.16	94.45	87.13	76.92	85.29

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 (Priority Technology Holdings) Business Description

Industry

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

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Traded in Other Exchanges

PRTH:USA 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.