Orbit Technologies (XTAE:ORBI) Accounts Payable & Accrued Expense : ₪86.8 Mil (As of Jun. 2023)

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What is Orbit Technologies Accounts Payable & Accrued Expense?

Orbit Technologies's quarterly accounts payable & accrued expense increased from Dec. 2022 (₪69.0 Mil) to Mar. 2023 (₪87.4 Mil) but then declined from Mar. 2023 (₪87.4 Mil) to Jun. 2023 (₪86.8 Mil).

Orbit Technologies's annual accounts payable & accrued expense increased from Dec. 2020 (₪0.0 Mil) to Dec. 2021 (₪52.7 Mil) and increased from Dec. 2021 (₪52.7 Mil) to Dec. 2022 (₪69.0 Mil).

Orbit Technologies Accounts Payable & Accrued Expense Historical Data

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

Orbit Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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32.95

38.07

52.71

68.98

Orbit Technologies Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						-	-	68.98	87.38	86.80

Orbit 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.

Orbit Technologies (XTAE:ORBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Orbit Technologies Ltd (XTAE:ORBI) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608

Website

http://www.orbit-cs.com

Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.

Orbit Technologies (XTAE:ORBI) Headlines

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