XTI Aerospace (XTI Aerospace) Accounts Payable & Accrued Expense : $3.70 Mil (As of Dec. 2023)

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What is XTI Aerospace Accounts Payable & Accrued Expense?

XTI Aerospace's quarterly accounts payable & accrued expense increased from Dec. 2021 ($1.69 Mil) to Dec. 2022 ($2.56 Mil) and increased from Dec. 2022 ($2.56 Mil) to Dec. 2023 ($3.70 Mil).

XTI Aerospace's annual accounts payable & accrued expense increased from Dec. 2021 ($1.69 Mil) to Dec. 2022 ($2.56 Mil) and increased from Dec. 2022 ($2.56 Mil) to Dec. 2023 ($3.70 Mil).

XTI Aerospace Accounts Payable & Accrued Expense Historical Data

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

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1.69

2.56

3.70

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	1.69	2.56	3.70

XTI Aerospace 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.

XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024