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Lhyfe (LHYFF) Accounts Payable & Accrued Expense : $20.25 Mil (As of Jun. 2023)


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What is Lhyfe Accounts Payable & Accrued Expense?

Lhyfe's quarterly accounts payable & accrued expense declined from Jun. 2022 ($8.16 Mil) to Dec. 2022 ($4.37 Mil) but then increased from Dec. 2022 ($4.37 Mil) to Jun. 2023 ($20.25 Mil).

Lhyfe's annual accounts payable & accrued expense increased from Dec. 2020 ($0.70 Mil) to Dec. 2021 ($2.69 Mil) and increased from Dec. 2021 ($2.69 Mil) to Dec. 2022 ($4.37 Mil).


Lhyfe Accounts Payable & Accrued Expense Historical Data

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

Lhyfe Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
0.01 0.70 2.69 4.37

Lhyfe Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial - 2.69 8.16 4.37 20.25

Lhyfe 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.


Lhyfe (LHYFF) Business Description

Industry
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Address
30 Rue Jean Jaures, Nantes, FRA, 44000
Lhyfe SA is engaged in the production of green hydrogen for mobility and industry. The company designs, builds and exploits its green hydrogen production sites, which have the particularity of being directly connected to the various available renewable energy sources. The Group addresses two priority markets, which are among the emitters of greenhouse gases: the heavy mobility sector (trucks, buses, trains and in the long term, maritime and air transport) as well as (ii) the industry sector, among which chemistry (production of ammonia, methanol, etc.), steel production and glass production are priority targets.

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