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NUVOQ (Holdco Nuvo Group DG) Accounts Payable & Accrued Expense : $4.24 Mil (As of Dec. 2023)


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What is Holdco Nuvo Group DG Accounts Payable & Accrued Expense?

Holdco Nuvo Group DG's quarterly accounts payable & accrued expense increased from Dec. 2022 ($6.65 Mil) to Jun. 2023 ($6.66 Mil) but then declined from Jun. 2023 ($6.66 Mil) to Dec. 2023 ($4.24 Mil).

Holdco Nuvo Group DG's annual accounts payable & accrued expense increased from Dec. 2021 ($6.32 Mil) to Dec. 2022 ($6.65 Mil) but then declined from Dec. 2022 ($6.65 Mil) to Dec. 2023 ($4.24 Mil).

Holdco Nuvo Group DG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Holdco Nuvo Group DG'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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Holdco Nuvo Group DG Accounts Payable & Accrued Expense Chart

Holdco Nuvo Group DG Annual Data
Trend Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
6.32 6.65 4.24

Holdco Nuvo Group DG Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense 6.32 - 6.65 6.66 4.24

Holdco Nuvo Group DG 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.

Holdco Nuvo Group DG Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Holdco Nuvo Group DG Ltd (OTCPK:NUVOQ) » Definitions » Accounts Payable & Accrued Expense
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Address
94 Yigal Alon Street, Alon Tower 1, Tel Aviv, ISR, 6789155
Website
https://www.nuvocares.com
Holdco Nuvo Group DG Ltd is a women's health and connected pregnancy care company and has developed INVU by Nuvo, an FDA-cleared, prescription-initiated, remote pregnancy monitoring platform that enables the delivery of remote non-stress tests and maternal and fetal heart rate monitoring, helping expectant mothers adhere to their prescribed care plan. INVU is composed of a hardware component (wearable), with digital signal processing and cloud analytics, and interfaces for every participant involved in pregnancy care.