Nikola (MEX:NKLA) Accounts Payable: MXN1,114 Mil (As of Dec. 2024)

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MEX:NKLA Nikola Corp MEX:NKLA
12 GF Score
Price MXN3.79
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What is Nikola Accounts Payable?

Nikola MEX:NKLA 12 Accounts Payable is MXN1,114 Mil as of Dec. 2024. GuruFocus rates MEX:NKLA with a GF Score™ of 12/100.

Nikola's Accounts Payable for the quarter that ended in Dec. 2024 was MXN1,114 Mil.

Nikola's quarterly Accounts Payable increased from Jun. 2024 (MXN1,018 Mil) to Sep. 2024 (MXN1,126 Mil) but then declined from Sep. 2024 (MXN1,126 Mil) to Dec. 2024 (MXN1,114 Mil).

Nikola's annual Accounts Payable declined from Dec. 2022 (MXN1,818 Mil) to Dec. 2023 (MXN749 Mil) but then increased from Dec. 2023 (MXN749 Mil) to Dec. 2024 (MXN1,114 Mil).

Nikola Accounts Payable Historical Data

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The historical data trend for Nikola's Accounts Payable 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.

Nikola Accounts Payable Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial 584.11 1,784.35 1,817.85 749.12 1,113.95

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 749.12 745.32 1,017.85 1,125.52 1,113.95
MEX:NKLA
12GF Score
Nikola Corp MEX:NKLA
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikola Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of MXN1,114 Mil mean?
Nikola (MEX:NKLA) has a Accounts Payable of MXN1,114 Mil as of Dec. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Nikola and its competitors.
Is Nikola's Accounts Payable too high?
Nikola's current Accounts Payable is MXN1,114 Mil. Overall, Nikola has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nikola's Accounts Payable compare to NMHI and GP?
Nikola's Accounts Payable of MXN1,114 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Farm & Heavy Construction Machinery company?
A good Accounts Payable depends on the Farm & Heavy Construction Machinery industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Nikola and its competitors. Nikola's current Accounts Payable is MXN1,114 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikola stock overvalued right now?
Nikola (MEX:NKLA) has a current Accounts Payable of MXN1,114 Mil. The current Accounts Payable is MXN1,114 Mil. Nikola's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Nikola (MEX:NKLA), the current Accounts Payable is MXN1,114 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nikola Business Description

Address P.O. Box 27028, Tempe, AZ, USA, 85285
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit is engaged in manufacturing and selling FCEV and BEV trucks that provide environmentally friendly, cost-effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet the hydrogen fuel demand for the company's customers, as well as other third-party customers.
12GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3.79
Price