Adit Edtech Acquisition (Adit Edtech Acquisition) Accounts Payable & Accrued Expense : $6.65 Mil (As of Sep. 2023)

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What is Adit Edtech Acquisition Accounts Payable & Accrued Expense?

Adit Edtech Acquisition's quarterly accounts payable & accrued expense declined from Mar. 2023 ($6.52 Mil) to Jun. 2023 ($6.41 Mil) but then increased from Jun. 2023 ($6.41 Mil) to Sep. 2023 ($6.65 Mil).

Adit Edtech Acquisition's annual accounts payable & accrued expense increased from Dec. 2020 ($0.33 Mil) to Dec. 2021 ($3.17 Mil) and increased from Dec. 2021 ($3.17 Mil) to Dec. 2022 ($5.74 Mil).

Adit Edtech Acquisition Accounts Payable & Accrued Expense Historical Data

The historical data trend for Adit Edtech Acquisition'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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Adit Edtech Acquisition Accounts Payable & Accrued Expense Chart

Adit Edtech Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.33

3.17

5.74

Adit Edtech Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							4.11	5.74	6.52	6.41	6.65

Adit Edtech Acquisition 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.

Adit Edtech Acquisition (Adit Edtech Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Adit Edtech Acquisition Corp (AMEX:ADEX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105

Website

https://www.aditedtech.com

Adit Edtech Acquisition Corp is a blank check company.

Executives

Sharmila Kassam	director	4103 IDLEWILD ROAD, AUSTIN TX 78731
Elizabeth B. Porter	officer: See Remarks	44 FENNO RD, NEWTON MA 02459
David L. Shrier	director, officer: President and CEO	250 1ST AVE, UNIT 336, CHARLESTOWN MA 02129
Jacob Cohen	director	613 PLEASANT STREET, BELMONT MA 02478
Sheldon H. Levy	director	704 BALLIOL STREET, TORONTO Z4 M4S 1E7
John J. D'agostino	officer: See Remarks	201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Adit Edtech Sponsor, Llc	10 percent owner	515 NORTH FLAGLER DRIVE, SUITE P-300, WEST PALM BEACH FL 33401
Eric L Munson	director	1100 SE ATLANTIC DRIVE, LANTANA FL 33462