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U Power (U Power) Change In Payables And Accrued Expense : $-1.15 Mil (TTM As of Dec. 2023)


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What is U Power Change In Payables And Accrued Expense?

U Power's Change In Payables And Accrued Expense for the quarter that ended in Dec. 2023 was $-2.71 Mil. It means U Power's Accounts Payable & Accrued Expense declined by $2.71 Mil from Jun. 2023 to Dec. 2023 .

U Power's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was $-1.15 Mil. It means U Power's Accounts Payable & Accrued Expense declined by $1.15 Mil from Dec. 2022 to Dec. 2023 .


U Power Change In Payables And Accrued Expense Historical Data

The historical data trend for U Power's Change In Payables And 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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U Power Change In Payables And Accrued Expense Chart

U Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Payables And Accrued Expense
-0.43 1.99 4.82 -1.15

U Power Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Payables And Accrued Expense Get a 7-Day Free Trial 2.07 0.80 4.06 1.55 -2.71

U Power Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.15 Mil.

* 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.


U Power Change In Payables And Accrued Expense Related Terms

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U Power (U Power) Business Description

Industry
Traded in Other Exchanges
N/A
Address
18th Floor, Building 3, Science and Technology Industrial Park, Yijiang District, Anhui Province, Wuhu, CHN, 241003
U Power Ltd is involved in the provision of vehicle sourcing services. It is principally engaged in the provision of new energy vehicles development and sales; battery swapping stations manufactory and sales; battery swapping services and sourcing services. The company as a broker engaged in sales of vehicles between automobile wholesalers and buyers, including small and medium sized vehicle dealers and individual customers primarily located in the lower-tier cities in China, which are smaller and less developed than the tier-1 or tier-2 cities.