Lucid Group (FRA:CH2A) Accounts Payable & Accrued Expense : €227.8 Mil (As of Mar. 2024)

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What is Lucid Group Accounts Payable & Accrued Expense?

Lucid Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (€275.0 Mil) to Dec. 2023 (€243.9 Mil) and declined from Dec. 2023 (€243.9 Mil) to Mar. 2024 (€227.8 Mil).

Lucid Group's annual accounts payable & accrued expense increased from Dec. 2021 (€103.8 Mil) to Dec. 2022 (€443.2 Mil) but then declined from Dec. 2022 (€443.2 Mil) to Dec. 2023 (€243.9 Mil).

Lucid Group Accounts Payable & Accrued Expense Historical Data

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

Lucid Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

61.69

103.77

443.16

243.94

Lucid Group Quarterly Data
	Dec19	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											448.12	299.47	275.01	243.94	227.80

Lucid Group 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.

Lucid Group (FRA:CH2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lucid Group Inc (FRA:CH2A) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

LCID:USA LCID:Mexico

Address

7373 Gateway Boulevard, Newark, CA, USA, 94560

Website

https://www.lucidmotors.com

Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.

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