Jiuzi Holdings (Jiuzi Holdings) Accounts Payable & Accrued Expense : $5.42 Mil (As of Oct. 2023)

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What is Jiuzi Holdings Accounts Payable & Accrued Expense?

Jiuzi Holdings's quarterly accounts payable & accrued expense increased from Oct. 2022 ($2.94 Mil) to Apr. 2023 ($2.97 Mil) and increased from Apr. 2023 ($2.97 Mil) to Oct. 2023 ($5.42 Mil).

Jiuzi Holdings's annual accounts payable & accrued expense declined from Apr. 2021 ($4.09 Mil) to Oct. 2022 ($2.94 Mil) but then increased from Oct. 2022 ($2.94 Mil) to Oct. 2023 ($5.42 Mil).

Jiuzi Holdings Accounts Payable & Accrued Expense Historical Data

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

Jiuzi Holdings Annual Data

Trend

Oct18

Oct19

Oct20

Apr21

Oct22

Oct23

Accounts Payable & Accrued Expense

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1.51

2.96

4.09

2.94

5.42

Jiuzi Holdings Semi-Annual Data
	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						3.58	5.14	2.94	2.97	5.42

Jiuzi Holdings 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.

Jiuzi Holdings (Jiuzi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiuzi Holdings Inc (NAS:JZXN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 168 Qianjiang Nongchang Gengwen Road, 15th Floor, Economic and Technological Development Zone, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 310000

Website

http://m.zjjzxny.cn

Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on-demand from vehicle buyers. Its business segments are sales of NEVs and Franchisees service. The company generates a majority of its revenue from NEVs segment. Geographically, the firm operates in China.