Energy Vault Holdings (FRA:8610) Accounts Payable & Accrued Expense : €43.0 Mil (As of Jun. 2024)

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What is Energy Vault Holdings Accounts Payable & Accrued Expense?

Energy Vault Holdings's quarterly accounts payable & accrued expense declined from Dec. 2023 (€97.4 Mil) to Mar. 2024 (€62.5 Mil) and declined from Mar. 2024 (€62.5 Mil) to Jun. 2024 (€43.0 Mil).

Energy Vault Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (€5.9 Mil) to Dec. 2022 (€70.9 Mil) and increased from Dec. 2022 (€70.9 Mil) to Dec. 2023 (€97.4 Mil).

Energy Vault Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Energy Vault Holdings'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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Energy Vault Holdings Accounts Payable & Accrued Expense Chart

Energy Vault Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

1.71

2.86

5.91

70.86

97.39

Energy Vault Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												32.44	50.24	97.39	62.48	43.01

Energy Vault Holdings 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.

Energy Vault Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Vault Holdings Inc (FRA:8610) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NRGV:USA

Address

4360 Park Terrace Drive, Suite 100, Westlake Village, CA, USA, 91361

Website

https://www.energyvault.com

Energy Vault Holdings Inc is a grid-scale energy storage company that is driving a faster transition to renewable power by solving the intermittence issues that are inherent to the prevalent sources of renewable energy, solar and wind. Geographical presence in United States, China and Other. Majority of its revenue comes from U.S.

Energy Vault Holdings Headlines

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