Montana Technologies (Montana Technologies) Accounts Payable & Accrued Expense : $11.73 Mil (As of Mar. 2024)

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What is Montana Technologies Accounts Payable & Accrued Expense?

Montana Technologies's quarterly accounts payable & accrued expense increased from Sep. 2023 ($4.57 Mil) to Dec. 2023 ($6.41 Mil) and increased from Dec. 2023 ($6.41 Mil) to Mar. 2024 ($11.73 Mil).

Montana Technologies's annual accounts payable & accrued expense declined from Dec. 2021 ($0.23 Mil) to Dec. 2022 ($0.16 Mil) but then increased from Dec. 2022 ($0.16 Mil) to Dec. 2023 ($6.41 Mil).

Montana Technologies Accounts Payable & Accrued Expense Historical Data

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

Montana Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.23

0.16

6.41

Montana Technologies Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			0.16	-	4.57	6.41	11.73

Montana Technologies 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.

Montana Technologies (Montana Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Montana Technologies Corp (NAS:AIRJ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

34361 Innovation Drive, Ronan, MT, USA, 59864

Website

https://www.mt.energy

Montana Technologies Corp is engaged in transformational technology that provides significant energy efficiency gains in air conditioning and comfort cooling applications, as well as a potential source of potable water, all through its proprietary "AirJoule" unit.

Montana Technologies (Montana Technologies) Headlines

From GuruFocus

Montana Technologies Corp. Announces Addition to Board of Directors and Names Chairman

By PRNewswire • 05-01-2024