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Maris Tech (Maris Tech) Accounts Payable & Accrued Expense : $1.42 Mil (As of Dec. 2023)


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What is Maris Tech Accounts Payable & Accrued Expense?

Maris Tech's quarterly accounts payable & accrued expense declined from Dec. 2022 ($1.26 Mil) to Jun. 2023 ($0.68 Mil) but then increased from Jun. 2023 ($0.68 Mil) to Dec. 2023 ($1.42 Mil).

Maris Tech's annual accounts payable & accrued expense declined from Dec. 2021 ($1.29 Mil) to Dec. 2022 ($1.26 Mil) but then increased from Dec. 2022 ($1.26 Mil) to Dec. 2023 ($1.42 Mil).


Maris Tech Accounts Payable & Accrued Expense Historical Data

The historical data trend for Maris Tech'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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Maris Tech Accounts Payable & Accrued Expense Chart

Maris Tech Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
1.27 0.37 1.29 1.26 1.42

Maris Tech Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 1.29 0.50 1.26 0.68 1.42

Maris Tech 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.


Maris Tech (Maris Tech) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maris Tech Ltd (NAS:MTEK) » Definitions » Accounts Payable & Accrued Expense
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Address
2 Yitzhak Modai Street, Rehovot, ISR, 7608804
Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.