ECARX Holdings (ECARX Holdings) Accounts Payable & Accrued Expense : $366.0 Mil (As of Mar. 2024)

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What is ECARX Holdings Accounts Payable & Accrued Expense?

ECARX Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 ($300.5 Mil) to Dec. 2023 ($381.1 Mil) but then declined from Dec. 2023 ($381.1 Mil) to Mar. 2024 ($366.0 Mil).

ECARX Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($244.5 Mil) to Dec. 2022 ($355.0 Mil) and increased from Dec. 2022 ($355.0 Mil) to Dec. 2023 ($381.1 Mil).

ECARX Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for ECARX 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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ECARX Holdings Accounts Payable & Accrued Expense Chart

ECARX Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

244.47

355.02

381.06

ECARX Holdings Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						261.04	295.12	300.48	381.06	365.95

ECARX 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.

ECARX Holdings (ECARX Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 St. Katharine’s Way, ECARX office, 2nd Floor South, International House, London, GBR, E1W 1UN

Website

https://www.ecarxgroup.com

ECARX Holdings Inc is engaged in the sales of system-on-chip core modules, automotive computing platform products, software stacks as well as the provision of research and development services primarily in the People's Republic of China. The company's core products include infotainment head units, digital cockpits, vehicle chip-set solutions, a core operating system and integrated software stack. Beyond this, ECARX is developing a full-stack automotive computing platform. It is engaged in automotive intelligence and networking.

Executives

Jun Hong Heng

director

C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108