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SERV (Serve Robotics) Accounts Payable & Accrued Expense : $4.55 Mil (As of Mar. 2025)


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What is Serve Robotics Accounts Payable & Accrued Expense?

Serve Robotics's quarterly accounts payable & accrued expense increased from Sep. 2024 ($3.66 Mil) to Dec. 2024 ($5.56 Mil) but then declined from Dec. 2024 ($5.56 Mil) to Mar. 2025 ($4.55 Mil).

Serve Robotics's annual accounts payable & accrued expense increased from Dec. 2022 ($0.20 Mil) to Dec. 2023 ($2.31 Mil) and increased from Dec. 2023 ($2.31 Mil) to Dec. 2024 ($5.56 Mil).


Serve Robotics Accounts Payable & Accrued Expense Historical Data

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

Serve Robotics Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
0.34 0.20 2.31 5.56

Serve Robotics Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.88 1.43 3.66 5.56 4.55

Serve Robotics 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.


Serve Robotics Business Description

Industry
Traded in Other Exchanges
N/A
Address
730 Broadway, Redwood, CA, USA, 94063
Serve Robotics Inc is developing next-generation robots for last-mile delivery services. It design, develop and operate low-emissions robots on AI-powered robotics mobility platform, that serve people in public spaces, starting with food delivery. Its first product is a zero-emission robot that serves people in public areas, Starting with food delivery. It has developed an AI-robotics mobility platform, with last-mile delivery in cities as its first application.