Fly-E Group (Fly-E Group) Accounts Payable & Accrued Expense : $2.75 Mil (As of Dec. 2023)

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What is Fly-E Group Accounts Payable & Accrued Expense?

Fly-E Group's quarterly accounts payable & accrued expense declined from Jun. 2023 ($2.47 Mil) to Sep. 2023 ($2.32 Mil) but then increased from Sep. 2023 ($2.32 Mil) to Dec. 2023 ($2.75 Mil).

Fly-E Group's annual accounts payable & accrued expense increased from . 20 ($0.00 Mil) to Mar. 2022 ($5.09 Mil) but then declined from Mar. 2022 ($5.09 Mil) to Mar. 2023 ($2.63 Mil).

Fly-E Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fly-E Group'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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Fly-E Group Accounts Payable & Accrued Expense Chart

Fly-E Group Annual Data

Trend

Mar22

Mar23

Accounts Payable & Accrued Expense

5.09

2.63

Fly-E Group Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			-	2.63	2.47	2.32	2.75

Fly-E Group 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.

Fly-E Group (Fly-E Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fly-E Group Inc (NAS:FLYE) » Definitions » Accounts Payable & Accrued Expense

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Fly-E Group Inc is an electric vehicle company that is principally engaged in designing, installing and selling smart electric motorcycles, electric bikes, electric scooters and related accessories under the brand Fly E-Bike. They also provide connectivity solutions and value-added services to their customers.

Fly-E Group (Fly-E Group) Headlines

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