Nikola (MEX:NKLA) Accounts Payable & Accrued Expense : MXN2,407 Mil (As of Sep. 2024)

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What is Nikola Accounts Payable & Accrued Expense?

Nikola's quarterly accounts payable & accrued expense increased from Mar. 2024 (MXN1,761 Mil) to Jun. 2024 (MXN1,971 Mil) and increased from Jun. 2024 (MXN1,971 Mil) to Sep. 2024 (MXN2,407 Mil).

Nikola's annual accounts payable & accrued expense increased from Dec. 2021 (MXN2,421 Mil) to Dec. 2022 (MXN3,302 Mil) but then declined from Dec. 2022 (MXN3,302 Mil) to Dec. 2023 (MXN1,415 Mil).

Nikola Accounts Payable & Accrued Expense Historical Data

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

Nikola Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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299.46

936.97

2,421.21

3,301.65

1,415.38

Nikola Quarterly Data
	Dec19	Mar20	Jun20	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															1,812.91	1,415.38	1,760.61	1,971.48	2,406.63

Nikola 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.

Nikola Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikola Corp (MEX:NKLA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NKLAQ:USA 0A3R:UK

Address

4141 East Broadway Road, Phoenix, AZ, USA, 85040

Website

https://www.nikolamotor.com

Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.

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