NVE (STU:NVK) Accounts Payable & Accrued Expense : €0.79 Mil (As of Mar. 2024)

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What is NVE Accounts Payable & Accrued Expense?

NVE's quarterly accounts payable & accrued expense declined from Sep. 2023 (€0.74 Mil) to Dec. 2023 (€0.58 Mil) but then increased from Dec. 2023 (€0.58 Mil) to Mar. 2024 (€0.79 Mil).

NVE's annual accounts payable & accrued expense declined from Mar. 2022 (€2.09 Mil) to Mar. 2023 (€1.55 Mil) and declined from Mar. 2023 (€1.55 Mil) to Mar. 2024 (€0.79 Mil).

NVE Accounts Payable & Accrued Expense Historical Data

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

NVE Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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0.61

0.74

2.09

1.55

0.79

NVE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1.55	1.01	0.74	0.58	0.79

NVE 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.

NVE (STU:NVK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVE Corp (STU:NVK) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NVEC:USA NVK:Germany

Address

11409 Valley View Road, Eden Prarie, MN, USA, 55344

Website

https://www.nve.com

NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.

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