Lobo EV Technologies (Lobo EV Technologies) Accounts Payable & Accrued Expense : $9.75 Mil (As of Dec. 2023)

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What is Lobo EV Technologies Accounts Payable & Accrued Expense?

Lobo EV Technologies's quarterly accounts payable & accrued expense declined from Dec. 2022 ($9.26 Mil) to Jun. 2023 ($8.81 Mil) but then increased from Jun. 2023 ($8.81 Mil) to Dec. 2023 ($9.75 Mil).

Lobo EV Technologies's annual accounts payable & accrued expense increased from Dec. 2021 ($6.46 Mil) to Dec. 2022 ($9.26 Mil) and increased from Dec. 2022 ($9.26 Mil) to Dec. 2023 ($9.75 Mil).

Lobo EV Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lobo EV Technologies'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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Lobo EV Technologies Accounts Payable & Accrued Expense Chart

Lobo EV Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

3.97

6.46

9.26

9.75

Lobo EV Technologies Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			6.46	7.48	9.26	8.81	9.75

Lobo EV Technologies 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.

Lobo EV Technologies (Lobo EV Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lobo EV Technologies Ltd (NAS:LOBO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.loboebike.com

Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller company. It design, develop, manufacture and sell e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters for the elderly and disabled persons, also provide automobile information and entertainment software development and design services to customers. The company operates in two operating segments: Electric vehicles and accessories sales, and software royalties and development and design services.

Lobo EV Technologies (Lobo EV Technologies) Headlines

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