Embark Technology (Embark Technology) Accounts Payable & Accrued Expense : $8.81 Mil (As of Mar. 2023)

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What is Embark Technology Accounts Payable & Accrued Expense?

Embark Technology's quarterly accounts payable & accrued expense declined from Sep. 2022 ($10.68 Mil) to Dec. 2022 ($4.92 Mil) but then increased from Dec. 2022 ($4.92 Mil) to Mar. 2023 ($8.81 Mil).

Embark Technology's annual accounts payable & accrued expense increased from Dec. 2020 ($1.23 Mil) to Dec. 2021 ($5.64 Mil) but then declined from Dec. 2021 ($5.64 Mil) to Dec. 2022 ($4.92 Mil).

Embark Technology Accounts Payable & Accrued Expense Historical Data

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

Embark Technology Annual Data

Trend

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

1.23

5.64

4.92

Embark Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					9.08	10.19	10.68	4.92	8.81

Embark Technology 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.

Embark Technology (Embark Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Embark Technology Inc (NAS:EMBKW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Alabama Street, San Francisco, CA, USA, 94110

Website

https://www.embarktrucks.com

Embark Technology Inc is engaged in providing software and associated services that power self-driving trucks. It offers operational savings and collaborates with carriers, truck manufacturers, and tier 1 suppliers. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian.