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Volato Group (Volato Group) Accounts Payable & Accrued Expense : $10.90 Mil (As of Mar. 2024)


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What is Volato Group Accounts Payable & Accrued Expense?

Volato Group's quarterly accounts payable & accrued expense increased from Sep. 2023 ($10.70 Mil) to Dec. 2023 ($14.11 Mil) but then declined from Dec. 2023 ($14.11 Mil) to Mar. 2024 ($10.90 Mil).

Volato Group's annual accounts payable & accrued expense increased from Dec. 2021 ($0.53 Mil) to Dec. 2022 ($3.66 Mil) and increased from Dec. 2022 ($3.66 Mil) to Dec. 2023 ($14.11 Mil).

Volato Group Accounts Payable & Accrued Expense Historical Data

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

Volato Group Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
0.53 3.66 14.11

Volato Group Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 8.34 10.70 14.11 10.90

Volato Group 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.

Volato Group (Volato Group) Business Description

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SOAR:USA
Address
1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341
Website
https://www.flyvolato.com
Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. The Volato aircraft ownership program consists of facilitating the formation of limited liability companies owned by third-party members. Subsequently, the Company sells an aircraft to each limited liability company.

Volato Group (Volato Group) Headlines

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