REKR (Rekor Systems) Accounts Payable & Accrued Expense : $8.67 Mil (As of Sep. 2024)

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What is Rekor Systems Accounts Payable & Accrued Expense?

Rekor Systems's quarterly accounts payable & accrued expense declined from Mar. 2024 ($9.78 Mil) to Jun. 2024 ($9.37 Mil) and declined from Jun. 2024 ($9.37 Mil) to Sep. 2024 ($8.67 Mil).

Rekor Systems's annual accounts payable & accrued expense declined from Dec. 2021 ($8.62 Mil) to Dec. 2022 ($8.45 Mil) and declined from Dec. 2022 ($8.45 Mil) to Dec. 2023 ($7.96 Mil).

Rekor Systems Accounts Payable & Accrued Expense Historical Data

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

Rekor Systems Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3.68

1.77

8.62

8.45

7.96

Rekor Systems 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															8.72	7.96	9.78	9.37	8.67

Rekor Systems 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.

Rekor Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rekor Systems Inc (NAS:REKR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

38E:Germany

Address

6721 Columbia Gateway Drive, Suite 400, Columbia, MD, USA, 21046

Website

https://www.rekor.ai

Rekor Systems Inc is a United States-based company. The company is engaged in providing real-time roadway intelligence through AI-driven decisions. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. The company's technology and machine learning models power all solutions, including Rekor Command for transportation management, Rekor Discover for urban mobility, and Rekor Scout for public safety, and commercial use. Its geographical segments are the United States and Others, of which the majority of its revenue comes from the United States.

Executives

David Philip Desharnais	officer: President	C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Arctis Global Llc	10 percent owner	AM TOWERS, 207 CALLE DEL PARQUE, 7TH FLOOR, SAN JUAN PR 00912-3242
Robert Alan Berman	director, 10 percent owner, officer: Chief Executive Officer	C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
David Patrick Hanlon	director
Timothy J Davenport	director	C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Sanjay E Sarma	director	C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Debra Shakerdge-hennessy	officer: Chief People Officer	C/O REKOR SYSTEMS, INC., 6721 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Eyal Hen	officer: CFO	REKOR SYSTEMS, INC., 14420 ALBERMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Glenn S Goord	director	NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Matthew Anthony Hill	officer: Chief Science Officer	324 ANNISON DRIVE, COMMERCE TOWNSHIP MI 48382
Rodney Hillman	officer: COO	3201 GLOUCHESTER DRIVE, FALLSTON MD 21047
Christopher Kadoch	officer: Chief Technology Officer	C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Noam Shai Maital	officer: CEO, Waycare Technologies Ltd.	13535 VENTURA BLVD, SUITE C 410, SHERMAN OAKS CA 91423
Michael David Dunbar	officer: Chief Revenue Officer	C/O REKOR SYSTEMS, INC., 7172 COLUMBIA GATEWAY DRIVE, SUITE 400, COLUMBIA MD 21046
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282