NOVONIX (NOVONIX) Accounts Payable & Accrued Expense : $5.55 Mil (As of Dec. 2023)

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What is NOVONIX Accounts Payable & Accrued Expense?

NOVONIX's quarterly accounts payable & accrued expense declined from Jun. 2023 ($4.37 Mil) to Sep. 2023 ($0.00 Mil) but then increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($5.55 Mil).

NOVONIX's annual accounts payable & accrued expense increased from Jun. 2021 ($3.27 Mil) to Jun. 2022 ($6.53 Mil) but then declined from Jun. 2022 ($6.53 Mil) to Dec. 2023 ($5.55 Mil).

NOVONIX Accounts Payable & Accrued Expense Historical Data

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

NOVONIX Annual Data

Trend

Sep15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Dec23

Accounts Payable & Accrued Expense

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0.98

2.47

3.27

6.53

5.55

NOVONIX Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	4.37	-	5.55	-

NOVONIX 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.

NOVONIX (NOVONIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NOVONIX Ltd (NAS:NVX) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NVNXF:USA GC3:Germany NVX:Australia

Address

71 Eagle Street, Level 38, Brisbane, QLD, AUS, 4000

Website

https://www.novonixgroup.com

NOVONIX Ltd operates in the lithium-ion battery industry. The company has three operating segments namely Graphite Exploration and Mining, Battery Technology, and NOVONIX Anode Materials. Graphite Exploration and Mining segment is engaged in the exploration and development of high-grade flake graphite deposit. TheNOVONIX Anode Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment and carried out research and development in battery development. The Battery Technology segment is the major revenue contributor to the company.