Envela ELA Commercial — Sales And Excise Tax Payable Current
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Where this comes from
Reported directly by Envela in its filing.
Tagged under the XBRL concept us-gaap:SalesAndExciseTaxPayableCurrent.
The official record: Envela’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Envela's commercial — sales and excise tax payable current?
- Envela (ELA) reported commercial — sales and excise tax payable current of $8.24K in Q1 2026.
- How has Envela's commercial — sales and excise tax payable current changed year-over-year?
- Envela's commercial — sales and excise tax payable current decreased by 6.9% year-over-year, from $8.85K to $8.24K.
- What does commercial — sales and excise tax payable current mean?
- Represents the total amount of sales and excise taxes collected by the commercial segment on behalf of government authorities that remains unpaid at the reporting date. This liability must be settled in the short term and reflects the segment's role as a tax collection agent. It is critical for assessing regulatory compliance and short-term cash management.