Xos (FRA:9KR0) Accounts Payable & Accrued Expense : €11.68 Mil (As of Mar. 2024)

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What is Xos Accounts Payable & Accrued Expense?

Xos's quarterly accounts payable & accrued expense increased from Sep. 2023 (€8.01 Mil) to Dec. 2023 (€9.35 Mil) and increased from Dec. 2023 (€9.35 Mil) to Mar. 2024 (€11.68 Mil).

Xos's annual accounts payable & accrued expense declined from Dec. 2021 (€12.77 Mil) to Dec. 2022 (€9.90 Mil) and declined from Dec. 2022 (€9.90 Mil) to Dec. 2023 (€9.35 Mil).

Xos Accounts Payable & Accrued Expense Historical Data

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

Xos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

4.49

12.77

9.90

9.35

Xos Quarterly Data
	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										10.06	9.01	8.01	9.35	11.68

Xos 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.

Xos (FRA:9KR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xos Inc (FRA:9KR0) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

XOS:USA

Address

3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065

Website

https://www.xostrucks.com

Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.

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