Advent Technologies Holdings (Advent Technologies Holdings) Accounts Payable & Accrued Expense : $8.37 Mil (As of Sep. 2023)

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What is Advent Technologies Holdings Accounts Payable & Accrued Expense?

Advent Technologies Holdings's quarterly accounts payable & accrued expense declined from Mar. 2023 ($9.97 Mil) to Jun. 2023 ($8.27 Mil) but then increased from Jun. 2023 ($8.27 Mil) to Sep. 2023 ($8.37 Mil).

Advent Technologies Holdings's annual accounts payable & accrued expense increased from Dec. 2020 ($3.08 Mil) to Dec. 2021 ($16.76 Mil) but then declined from Dec. 2021 ($16.76 Mil) to Dec. 2022 ($8.93 Mil).

Advent Technologies Holdings Accounts Payable & Accrued Expense Historical Data

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

Advent Technologies Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

1.28

3.08

16.76

8.93

Advent Technologies Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										11.22	8.93	9.97	8.27	8.37

Advent Technologies Holdings 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.

Advent Technologies Holdings (Advent Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Advent Technologies Holdings Inc (NAS:ADNWW) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ADN:USA

Address

500 Rutherford Avenue, Suite 102, Boston, MA, USA, 02129

Website

https://www.advent.energy

Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.