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NWTN (NWTN) Accounts Payable & Accrued Expense : $32.27 Mil (As of Jun. 2023)


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What is NWTN Accounts Payable & Accrued Expense?

NWTN's quarterly accounts payable & accrued expense increased from Jun. 2022 ($40.62 Mil) to Dec. 2022 ($43.69 Mil) but then declined from Dec. 2022 ($43.69 Mil) to Jun. 2023 ($32.27 Mil).

NWTN's annual accounts payable & accrued expense increased from Dec. 2020 ($30.21 Mil) to Dec. 2021 ($42.24 Mil) and increased from Dec. 2021 ($42.24 Mil) to Dec. 2022 ($43.69 Mil).


NWTN Accounts Payable & Accrued Expense Historical Data

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

NWTN Annual Data
Trend Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
30.21 42.24 43.69

NWTN Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 42.24 40.62 43.69 32.27

NWTN 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.


NWTN (NWTN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Office 114-117, Floor 1, Building A1, Dubai Digital Park, Dubai Silicon Oasis, Dubai, ARE
NWTN Inc is a pioneering smart electric vehicle company which aims to integrate avant-garde design, life-style personalization, IoT connectivity, and autonomous driving technology into a passenger-centric green premium mobility solution to the world.