Nanoveu (ASX:NVU) Accounts Payable & Accrued Expense : A$0.38 Mil (As of Dec. 2023)

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What is Nanoveu Accounts Payable & Accrued Expense?

Nanoveu's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$0.38 Mil) to Jun. 2023 (A$0.31 Mil) but then increased from Jun. 2023 (A$0.31 Mil) to Dec. 2023 (A$0.38 Mil).

Nanoveu's annual accounts payable & accrued expense increased from Dec. 2021 (A$0.16 Mil) to Dec. 2022 (A$0.38 Mil) and increased from Dec. 2022 (A$0.38 Mil) to Dec. 2023 (A$0.38 Mil).

Nanoveu Accounts Payable & Accrued Expense Historical Data

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

Nanoveu Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.53

0.23

0.16

0.38

Nanoveu Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						0.16	0.14	0.38	0.31	0.38

Nanoveu 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.

Nanoveu (ASX:NVU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nanoveu Ltd (ASX:NVU) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

1/18 Olive Street, Subiaco, WA, AUS, 6008

Website

https://www.nanoveu.com

Nanoveu Ltd is a technology company developing a range of products for mobile phones and other digital displays. The company's wholly-owned, flagship product is its Nanoshield antiviral protector which is available in a variety of mobile phone screen covers, mobile phone cases and as a commercial film capable of being applied to a number of surfaces. The product is a clear plastic containing a layer of charged copper nanoparticles which have antiviral and antimicrobial properties. The Group deploys nanotechnology applications for consumer devices.

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