Qev NV (FRA:7IO) Accounts Payable & Accrued Expense : €0.23 Mil (As of Dec. 2022)

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What is Qev NV Accounts Payable & Accrued Expense?

Qev NV's quarterly accounts payable & accrued expense declined from Dec. 2021 (€1.91 Mil) to Jun. 2022 (€0.17 Mil) but then increased from Jun. 2022 (€0.17 Mil) to Dec. 2022 (€0.23 Mil).

Qev NV's annual accounts payable & accrued expense increased from . 20 (€0.00 Mil) to Dec. 2021 (€1.91 Mil) but then declined from Dec. 2021 (€1.91 Mil) to Dec. 2022 (€0.23 Mil).

Qev NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qev NV'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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Qev NV Accounts Payable & Accrued Expense Chart

Qev NV Annual Data

Trend

Dec21

Dec22

Accounts Payable & Accrued Expense

1.91

0.23

Qev NV Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22
Accounts Payable & Accrued Expense	-	1.91	0.17	0.23

Qev NV 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.

Qev NV (FRA:7IO) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

QEV:Netherlands

Address

Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160

Website

https://www.qevtech.com

Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.

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