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noco-noco (noco-noco) Accounts Payable & Accrued Expense : $0.59 Mil (As of Jun. 2023)


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What is noco-noco Accounts Payable & Accrued Expense?

noco-noco's quarterly accounts payable & accrued expense increased from Jun. 2022 ($0.01 Mil) to Dec. 2022 ($1.71 Mil) but then declined from Dec. 2022 ($1.71 Mil) to Jun. 2023 ($0.59 Mil).

noco-noco's annual accounts payable & accrued expense declined from Jun. 2021 ($1.54 Mil) to Jun. 2022 ($0.01 Mil) but then increased from Jun. 2022 ($0.01 Mil) to Jun. 2023 ($0.59 Mil).

noco-noco Accounts Payable & Accrued Expense Historical Data

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

noco-noco Annual Data
Trend Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
1.54 0.01 0.59

noco-noco Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Payable & Accrued Expense 1.54 - 0.01 1.71 0.59

noco-noco 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.

noco-noco (noco-noco) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » noco-noco Inc (NAS:NCNC) » Definitions » Accounts Payable & Accrued Expense
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SCTH SYPR SUP WKSP STRT CAAS ID HYLN OMTK FLES TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG XTER:CON SHSE:600660
Traded in Other Exchanges
N/A
Address
4 Shenton Way, No.04-06 SGX Centre 2, Singapore, SGP, 068807
Website
https://www.noco-noco.com
noco-noco Inc is an early-stage decarbonization solution provider in Asia, aiming to engage in the leasing of battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and (ii) carbon abatement solutions for landowners and carbon credit sales. noco-noco operates own-and-lease business model where it manufactures its battery products through OEMs and leases them to its clients. It also engages in carbon abatement solutions and carbon credit sales and cross-sells them to its battery business clients to offset carbon emissions from their operations.