PowerFleet (PowerFleet) Accounts Payable & Accrued Expense : $21.0 Mil (As of Sep. 2023)

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What is PowerFleet Accounts Payable & Accrued Expense?

PowerFleet's quarterly accounts payable & accrued expense increased from Mar. 2023 ($17.9 Mil) to Jun. 2023 ($18.2 Mil) and increased from Jun. 2023 ($18.2 Mil) to Sep. 2023 ($21.0 Mil).

PowerFleet's annual accounts payable & accrued expense increased from Dec. 2020 ($12.9 Mil) to Dec. 2021 ($21.0 Mil) but then declined from Dec. 2021 ($21.0 Mil) to Dec. 2022 ($18.6 Mil).

PowerFleet Accounts Payable & Accrued Expense Historical Data

The historical data trend for PowerFleet'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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PowerFleet Accounts Payable & Accrued Expense Chart

PowerFleet Annual Data

Trend

Dec13

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Dec15

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Dec17

Dec18

Dec19

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Dec21

Dec22

Accounts Payable & Accrued Expense

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6.64

17.57

12.92

20.97

18.64

PowerFleet Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															20.39	18.64	17.94	18.23	21.05

PowerFleet 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.

PowerFleet (PowerFleet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PowerFleet Inc (NAS:PWFL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PWFL:Israel 3LO:Germany

Address

123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677

Website

https://www.powerfleet.com

PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.

Executives

David Wilson	officer: Chief Financial Officer
Michael J Casey	director	C/O MAPICS INC, 1000WINDWARD CONCOURSE PKWY STE.100, ALPHARETTA GA 30005
Offer Lehmann	officer: Chief Operating Officer	C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Elchanan Maoz	director	11200 SW MURRAY SCHOLLS PLACE, BEAVERTON OR 97007
Patrick John Maley	officer: Chief Revenue Officer	C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
James Scott Zeitunian	officer: Chief Technology Officer	C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Joaquin Fong	officer: See "Remarks" below	C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Charles Frumberg	director	825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Michael Brodsky	director	C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201
Steven Mark Towe	director, officer: Chief Executive Officer	C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Elizabeth Elkins	officer: Chief Product Officer	C/O POWERFLEET, INC., 123 TICE BLVD., WOODCLIFF LAKE NJ 07677
David Mahlab	director, officer: CEO International	14 HA'MELACHA STREET, ROSH HA'AYIN L3 4809133
Medhini Srinivasan	director	C/O POWERFLEET, INC., 123 TICE BLVD, WOODCLIFF LAKE NJ 07677
Anders Bjork	director	C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Ned Mavrommatis	officer: Chief Financial Officer	C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601