SatixFy Communications (SatixFy Communications) Accounts Payable & Accrued Expense : $7.58 Mil (As of Mar. 2024)

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What is SatixFy Communications Accounts Payable & Accrued Expense?

SatixFy Communications's quarterly accounts payable & accrued expense increased from Sep. 2023 ($7.33 Mil) to Dec. 2023 ($11.69 Mil) but then declined from Dec. 2023 ($11.69 Mil) to Mar. 2024 ($7.58 Mil).

SatixFy Communications's annual accounts payable & accrued expense declined from Dec. 2021 ($16.59 Mil) to Dec. 2022 ($9.55 Mil) but then increased from Dec. 2022 ($9.55 Mil) to Dec. 2023 ($11.69 Mil).

SatixFy Communications Accounts Payable & Accrued Expense Historical Data

The historical data trend for SatixFy Communications'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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SatixFy Communications Accounts Payable & Accrued Expense Chart

SatixFy Communications Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

11.92

16.59

9.55

11.69

SatixFy Communications Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						9.55	7.88	7.33	11.69	7.58

SatixFy Communications 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.

SatixFy Communications (SatixFy Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SatixFy Communications Ltd (AMEX:SATX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hamada Street, Rehovot, ISR, 670315

Website

https://www.satixfy.com

SatixFy Communications Ltd develops end-to-end next-generation satellite communications systems, including satellite payloads, user terminals and modems, based on powerful chipsets that it develops in house. Its products include modems that feature Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the advanced communications standard DVB-S2X. Geographical presence in U.S, Canada, UK and Other countries. Majority of its company revenue comes from U.S and Canada.