Polar Power (Polar Power) Accounts Payable & Accrued Expense : $2.33 Mil (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Polar Power Accounts Payable & Accrued Expense?

Polar Power's quarterly accounts payable & accrued expense declined from Sep. 2023 ($3.17 Mil) to Dec. 2023 ($2.91 Mil) and declined from Dec. 2023 ($2.91 Mil) to Mar. 2024 ($2.33 Mil).

Polar Power's annual accounts payable & accrued expense declined from Dec. 2021 ($1.53 Mil) to Dec. 2022 ($1.46 Mil) but then increased from Dec. 2022 ($1.46 Mil) to Dec. 2023 ($2.91 Mil).

Polar Power Accounts Payable & Accrued Expense Historical Data

The historical data trend for Polar Power'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.

* Premium members only.

Polar Power Accounts Payable & Accrued Expense Chart

Polar Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

1.61

1.45

1.53

1.46

2.91

Polar Power Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2.28	2.67	3.17	2.91	2.33

Polar Power 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.

Polar Power (Polar Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Polar Power Inc (NAS:POLA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PPW:Germany

Address

249 East Gardena Boulevard, Gardena, CA, USA, 90248

Website

https://www.polarpower.com

Polar Power Inc is engaged in designing, manufacture, and sell DC power generators, renewable energy and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine and industrial. The company's products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators. The Companie's geographical presence is in United States, Canada, Mexico, South Pacific Islands, Japan, Europe and Middle East and Other Asia Pacific countries.

Executives

Keith Albrecht	director	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Arthur D. Sams	director, 10 percent owner, officer: President, CEO, Secretary	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Rajesh Masina	officer: Chief Operating Officer	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Luis Zavala	officer: Chief Financial Officer	249 E. GARDENA BOULEVARD, GARDENA CA 90248
Peter Gross	director	249 E. GARDENA BLVD., GARDENA CA 90248
Matthew Goldman	director	249 E. GARDENA BOULEVARD, GARDENA CA 90248