ENVXW (Enovix) Accounts Payable & Accrued Expense : $28.90 Mil (As of Sep. 2024)

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What is Enovix Accounts Payable & Accrued Expense?

Enovix's quarterly accounts payable & accrued expense increased from Mar. 2024 ($30.95 Mil) to Jun. 2024 ($35.96 Mil) but then declined from Jun. 2024 ($35.96 Mil) to Sep. 2024 ($28.90 Mil).

Enovix's annual accounts payable & accrued expense increased from Dec. 2021 ($10.25 Mil) to Dec. 2022 ($14.17 Mil) and increased from Dec. 2022 ($14.17 Mil) to Dec. 2023 ($35.23 Mil).

Enovix Accounts Payable & Accrued Expense Historical Data

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

Enovix Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

4.08

10.25

14.17

35.23

Enovix Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												34.06	35.23	30.95	35.96	28.90

Enovix 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.

Enovix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enovix Corp (NAS:ENVXW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ENVX:USA 6Q81:Germany

Address

3501 W. Warren Avenue, Fremont, CA, USA, 94538

Website

https://www.enovix.com

Enovix Corp is engaged in the business of advanced silicon-anode lithium-ion battery development and production. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable the widespread utilization of renewable energy.