Lightning eMotors (FRA:9LK) Accounts Payable & Accrued Expense : €10.20 Mil (As of Sep. 2023)

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What is Lightning eMotors Accounts Payable & Accrued Expense?

Lightning eMotors's quarterly accounts payable & accrued expense increased from Mar. 2023 (€12.24 Mil) to Jun. 2023 (€14.44 Mil) but then declined from Jun. 2023 (€14.44 Mil) to Sep. 2023 (€10.20 Mil).

Lightning eMotors's annual accounts payable & accrued expense increased from Dec. 2020 (€4.29 Mil) to Dec. 2021 (€9.63 Mil) and increased from Dec. 2021 (€9.63 Mil) to Dec. 2022 (€12.76 Mil).

Lightning eMotors Accounts Payable & Accrued Expense Historical Data

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

Lightning eMotors Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

1.55

4.29

9.63

12.76

Lightning eMotors Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										21.83	12.76	12.24	14.44	10.20

Lightning eMotors 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.

Lightning eMotors (FRA:9LK) Business Description

Industry

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

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Traded in Other Exchanges

ZEVY:USA

Address

815 14th Street South West, Suite A100, Loveland, CO, USA, 80537

Website

https://www.lightningemotors.com

Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.

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