Matrix IT (XTAE:MTRX) Accounts Payable & Accrued Expense : ₪913 Mil (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Matrix IT Accounts Payable & Accrued Expense?

Matrix IT's quarterly accounts payable & accrued expense increased from Jun. 2023 (₪740 Mil) to Sep. 2023 (₪756 Mil) and increased from Sep. 2023 (₪756 Mil) to Dec. 2023 (₪913 Mil).

Matrix IT's annual accounts payable & accrued expense increased from Dec. 2021 (₪672 Mil) to Dec. 2022 (₪795 Mil) and increased from Dec. 2022 (₪795 Mil) to Dec. 2023 (₪913 Mil).

Matrix IT Accounts Payable & Accrued Expense Historical Data

The historical data trend for Matrix IT'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.

* Premium members only.

Matrix IT Accounts Payable & Accrued Expense Chart

Matrix IT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

521.28

560.33

672.49

794.51

912.96

Matrix IT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															794.51	754.98	739.70	756.08	912.96

Matrix IT 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.

Matrix IT (XTAE:MTRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Matrix IT Ltd (XTAE:MTRX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001

Website

http://www.matrix.co.il

Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.