Hesai Group (Hesai Group) Accounts Payable & Accrued Expense : $147.0 Mil (As of Mar. 2024)

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What is Hesai Group Accounts Payable & Accrued Expense?

Hesai Group's quarterly accounts payable & accrued expense increased from Sep. 2023 ($117.0 Mil) to Dec. 2023 ($153.7 Mil) but then declined from Dec. 2023 ($153.7 Mil) to Mar. 2024 ($147.0 Mil).

Hesai Group's annual accounts payable & accrued expense increased from Dec. 2021 ($119.9 Mil) to Dec. 2022 ($125.5 Mil) and increased from Dec. 2022 ($125.5 Mil) to Dec. 2023 ($153.7 Mil).

Hesai Group Accounts Payable & Accrued Expense Historical Data

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

Hesai Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

33.11

20.52

119.95

125.54

153.75

Hesai Group Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								107.07	111.13	117.00	153.75	146.96

Hesai Group 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.

Hesai Group (Hesai Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hesai Group (NAS:HSAI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ZN80:Germany

Address

1588 Zhuguang Road, 9th Floor, Building L2-B, Qingpu District, Shanghai, CHN, 201702

Website

https://www.hesaitech.com

Hesai Group is engaged in the development, manufacture, and sales of three dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with advanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. The Group organized its operations into two segments: the LiDAR segment and the gas detection segment.