Mullen Automotive (HAM:1N50) Accounts Payable & Accrued Expense : €28.35 Mil (As of Mar. 2024)

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What is Mullen Automotive Accounts Payable & Accrued Expense?

Mullen Automotive's quarterly accounts payable & accrued expense declined from Sep. 2023 (€51.33 Mil) to Dec. 2023 (€24.76 Mil) but then increased from Dec. 2023 (€24.76 Mil) to Mar. 2024 (€28.35 Mil).

Mullen Automotive's annual accounts payable & accrued expense increased from Sep. 2021 (€20.68 Mil) to Sep. 2022 (€21.27 Mil) and increased from Sep. 2022 (€21.27 Mil) to Sep. 2023 (€51.33 Mil).

Mullen Automotive Accounts Payable & Accrued Expense Historical Data

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

Mullen Automotive Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

19.58

21.09

20.68

21.27

51.33

Mullen Automotive Quarterly Data
	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												19.99	19.54	51.33	24.76	28.35

Mullen Automotive 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.

Mullen Automotive (HAM:1N50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mullen Automotive Inc (HAM:1N50) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MULN:USA 1N50:Germany

Address

1405 Pioneer Street, Brea, CA, USA, 92821

Website

https://www.mullenusa.com

Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.

Mullen Automotive (HAM:1N50) Headlines

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