NWFAF (New Focus Auto Tech Holdings) Accounts Payable & Accrued Expense : $29.28 Mil (As of Jun. 2024)

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What is New Focus Auto Tech Holdings Accounts Payable & Accrued Expense?

New Focus Auto Tech Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 ($31.22 Mil) to Dec. 2023 ($48.59 Mil) but then declined from Dec. 2023 ($48.59 Mil) to Jun. 2024 ($29.28 Mil).

New Focus Auto Tech Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($63.11 Mil) to Dec. 2022 ($49.59 Mil) and declined from Dec. 2022 ($49.59 Mil) to Dec. 2023 ($48.59 Mil).

New Focus Auto Tech Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for New Focus Auto Tech 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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New Focus Auto Tech Holdings Accounts Payable & Accrued Expense Chart

New Focus Auto Tech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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40.47

52.14

63.11

49.59

48.59

New Focus Auto Tech Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															37.21	49.59	31.22	48.59	29.28

New Focus Auto Tech 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.

New Focus Auto Tech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » New Focus Auto Tech Holdings Ltd (OTCPK:NWFAF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00360:Hong Kong

Address

180 Hennessy Road, 5th Floor, Wan Chai, Hong Kong, HKG

Website

https://www.nfa360.com

New Focus Auto Tech Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the manufacture and sale of electronic and power-related automotive parts and accessories and operating the 4S dealership stores and related business. Its segments include Manufacturing and trading Business and Automobile Dealership and Service Business. The firm generates a majority of its revenue from the Manufacturing Business segment engaged in the manufacture and sale of automobile accessories. Geographically, the company operates in America, Europe, Asia Pacific, and the People's Republic of China.

New Focus Auto Tech Holdings Headlines

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