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Chijet Motor Co (Chijet Motor Co) Accounts Payable & Accrued Expense : $179.13 Mil (As of Dec. 2023)


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What is Chijet Motor Co Accounts Payable & Accrued Expense?

Chijet Motor Co's quarterly accounts payable & accrued expense declined from Dec. 2022 ($172.87 Mil) to Jun. 2023 ($167.89 Mil) but then increased from Jun. 2023 ($167.89 Mil) to Dec. 2023 ($179.13 Mil).

Chijet Motor Co's annual accounts payable & accrued expense declined from Dec. 2021 ($231.40 Mil) to Dec. 2022 ($172.87 Mil) but then increased from Dec. 2022 ($172.87 Mil) to Dec. 2023 ($179.13 Mil).

Chijet Motor Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chijet Motor Co'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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Chijet Motor Co Accounts Payable & Accrued Expense Chart

Chijet Motor Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
217.13 231.40 172.87 179.13

Chijet Motor Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 231.40 219.24 172.87 167.89 179.13

Chijet Motor Co 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.

Chijet Motor Co (Chijet Motor Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chijet Motor Co Inc (NAS:CJET) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
No. 8, Beijing South Road Economic & Technological Development Zone Yantai, Shandong, CHN, 264006
Website
https://www.chijetmotors.com
Chijet Motor Co Inc is engaged in the research and development, production and sales of new energy vehicles. New energy vehicles refer to plug-in electric vehicles including battery electric vehicles, plug-in hybrid (PHEV) electric vehicles, and fuel cell electric vehicles. Its passenger vehicles include small cars, sedans, and sports utility vehicles, or SUVs, and commercial vehicles include light trucks and vans.