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Niu Technologies (Niu Technologies) Accounts Payable & Accrued Expense : $105.1 Mil (As of Mar. 2024)


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What is Niu Technologies Accounts Payable & Accrued Expense?

Niu Technologies's quarterly accounts payable & accrued expense declined from Sep. 2023 ($126.5 Mil) to Dec. 2023 ($92.9 Mil) but then increased from Dec. 2023 ($92.9 Mil) to Mar. 2024 ($105.1 Mil).

Niu Technologies's annual accounts payable & accrued expense declined from Dec. 2021 ($107.7 Mil) to Dec. 2022 ($82.1 Mil) but then increased from Dec. 2022 ($82.1 Mil) to Dec. 2023 ($92.9 Mil).


Niu Technologies Accounts Payable & Accrued Expense Historical Data

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

Niu Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 58.40 82.56 107.67 82.14 92.93

Niu Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.60 101.85 126.49 92.93 105.09

Niu Technologies 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.


Niu Technologies (Niu Technologies) Business Description

Industry
Traded in Other Exchanges
Address
No. 195 Huilongguan East Road, No.1 Building, Changping District, Beijing, CHN, 102208
Niu Technologies designs, manufactures and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. The company has a product portfolio consisting of ten series, four electric scooter series, including NQi, MQi, UQi, and Gova, two urban commuter electric motorcycle series RQi and TQi, a hybrid motorcycles series YQi, a performance electric bicycle series, NIU Aero, and two micro-mobility series, the kick-scooter series, KQi, and the e-bike series, BQi. The group's principal operations and geographic markets are mainly in the People's Republic of China.