Nano Labs (Nano Labs) Accounts Payable & Accrued Expense : $11.72 Mil (As of Dec. 2023)

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What is Nano Labs Accounts Payable & Accrued Expense?

Nano Labs's quarterly accounts payable & accrued expense increased from Dec. 2022 ($5.37 Mil) to Jun. 2023 ($10.17 Mil) and increased from Jun. 2023 ($10.17 Mil) to Dec. 2023 ($11.72 Mil).

Nano Labs's annual accounts payable & accrued expense increased from Dec. 2021 ($0.45 Mil) to Dec. 2022 ($5.37 Mil) and increased from Dec. 2022 ($5.37 Mil) to Dec. 2023 ($11.72 Mil).

Nano Labs Accounts Payable & Accrued Expense Historical Data

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

Nano Labs Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

5.65

0.45

5.37

11.72

Nano Labs Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial				1.09	2.75	5.37	10.17	11.72

Nano Labs 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.

Nano Labs (Nano Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nano Labs Ltd (NAS:NA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 29, East Jiefang Road, 30th Floor, Dikaiyinzuo, Zhejiang, Hangzhou, CHN

Website

https://www.nano.cn

Nano Labs Ltd operates as a fabless IC design company and product solution provider in China. It engages in the development of HTC chips, HPC chips, distributed computing and storage solutions, smart-NICs, vision computing chips, and distributed rendering. Its products comprise Cuckoo 1.0 Chip, Cuckoo 2.0 Chip, and Darkbird 1.0 Chip. Majority of the company revenue comes from China.