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Sono Group NV (Sono Group NV) Accounts Payable & Accrued Expense : $1.22 Mil (As of Jun. 2023)


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What is Sono Group NV Accounts Payable & Accrued Expense?

Sono Group NV's quarterly accounts payable & accrued expense declined from Sep. 2022 ($18.02 Mil) to Dec. 2022 ($14.12 Mil) and declined from Dec. 2022 ($14.12 Mil) to Jun. 2023 ($1.22 Mil).

Sono Group NV's annual accounts payable & accrued expense increased from Dec. 2020 ($5.55 Mil) to Dec. 2021 ($10.95 Mil) and increased from Dec. 2021 ($10.95 Mil) to Dec. 2022 ($14.12 Mil).


Sono Group NV Accounts Payable & Accrued Expense Historical Data

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

Sono Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
5.88 4.31 5.55 10.95 14.12

Sono Group NV Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.20 19.05 18.02 14.12 1.22

Sono Group NV 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.


Sono Group NV (Sono Group NV) Business Description

Traded in Other Exchanges
N/A
Address
Waldmeisterstrasse 76, Munich, DEU, 80935
Sono Group NV is engaged in the field of solar-powered electric mobility. With its proprietary solar technology, the company is able to integrate solar panels into a vehicle's bodywork, using energy captured from the sun to charge the vehicle's battery. The group is engaged in the design and development of its own first solar electric vehicle, the Sion. The company is also involved in process of integrating its solar technology with other manufacturers for different use cases, such as buses, trucks, camper vans, trains, and even boats, to accelerate the transition towards sustainable transportation.

Sono Group NV (Sono Group NV) Headlines

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