Volcon (Volcon) Accounts Payable & Accrued Expense : $3.74 Mil (As of Mar. 2024)

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What is Volcon Accounts Payable & Accrued Expense?

Volcon's quarterly accounts payable & accrued expense declined from Sep. 2023 ($5.28 Mil) to Dec. 2023 ($3.96 Mil) and declined from Dec. 2023 ($3.96 Mil) to Mar. 2024 ($3.74 Mil).

Volcon's annual accounts payable & accrued expense declined from Dec. 2021 ($3.73 Mil) to Dec. 2022 ($3.11 Mil) but then increased from Dec. 2022 ($3.11 Mil) to Dec. 2023 ($3.96 Mil).

Volcon Accounts Payable & Accrued Expense Historical Data

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

Volcon Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

0.12

3.73

3.11

3.96

Volcon Quarterly Data
	Jun20	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											2.15	2.10	5.28	3.96	3.74

Volcon 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.

Volcon (Volcon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volcon Inc (NAS:VLCN) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3121 Eagles Nest Street, Suite 120, Round Rock, TX, USA, 78665

Website

https://www.volcon.com

Volcon Inc is an all-electric, off-road powersports vehicle company developing and building electric two and four-wheel motorcycles and utility terrain vehicles, also known as side-by-sides, along with a complete line of upgrades and accessories. The company's products include motorcycle and UTV products that are all-electric and designed for off-road use.

Executives

Melissa Coffey	officer: VP - Sales & Marketing	1702 PERSIMMON ROAD, CEDAR PARK TX 78613
Stephanie Michelle Davis	officer: Chief Operating Officer	504 OCONEE CIRCLE, EVANS GA 30809
Christian Okonsky	director, 10 percent owner, officer: Chief Technology Officer	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Adrian James	director, 10 percent owner	3736 BEE CAVES RD, SUITE 1-105, AUSTIN TX 78746
Jonathan P. Foster	director	2450 SOUTH SHORE BLVD., SUITE 402, LEAGUE CITY TX 77573
Greg Endo	officer: Chief Financial Officer	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Karin-joyce Tjon	director	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Jordan Don Davis	officer: Chief Executive Officer	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Kyoung John Kim	director	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665