XPeng (XPEV) Accounts Payable & Accrued Expense : $3,740 Mil (As of Dec. 2023)

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What is XPeng Accounts Payable & Accrued Expense?

XPeng's quarterly accounts payable & accrued expense increased from Jun. 2023 ($2,454 Mil) to Sep. 2023 ($3,193 Mil) and increased from Sep. 2023 ($3,193 Mil) to Dec. 2023 ($3,740 Mil).

XPeng's annual accounts payable & accrued expense increased from Dec. 2021 ($2,412 Mil) to Dec. 2022 ($2,579 Mil) and increased from Dec. 2022 ($2,579 Mil) to Dec. 2023 ($3,740 Mil).

XPeng Accounts Payable & Accrued Expense Historical Data

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

XPeng Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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321.99

992.31

2,412.32

2,579.01

3,739.73

XPeng Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,579.01	2,516.28	2,453.73	3,193.12	3,739.73

XPeng 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.

XPeng (XPEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » XPeng Inc (NYSE:XPEV) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 8 Songgang Road, Changxing Street, Cencun, Tianhe District, Guangdong, Guangzhou, CHN, 510640

Website

https://www.xiaopeng.com

Founded in 2015, XPeng is a leading Chinese smart electric vehicle, or EV, company that designs, develops, manufactures and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China's passenger vehicle market. The company sold over 120,000 EVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. It is also a leader in autonomous driving technology.