NIO Change in Accounts Payable 2019-2024 | NIO

NIO annual/quarterly change in accounts payable history and growth rate from 2019 to 2024. Change in accounts payable can be defined as the increase or decrease in trade payables for the given period.
  • NIO change in accounts payable for the quarter ending December 31, 2024 was $0.646B, a 5.8% decline year-over-year.
  • NIO change in accounts payable for the twelve months ending December 31, 2024 was $0.646B, a 1091% decline year-over-year.
  • NIO annual change in accounts payable for 2024 was $0.646B, a 5.8% decline from 2023.
  • NIO annual change in accounts payable for 2023 was $0.686B, a 59.39% decline from 2022.
  • NIO annual change in accounts payable for 2022 was $1.689B, a 71.95% increase from 2021.
NIO Annual Change in Accounts Payable
(Millions of US $)
2024 $646
2023 $686
2022 $1,689
2021 $982
2020 $499
2019 $17
2018 $411
2017 $N/A
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $8.307B $9.005B
NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
Stock Name Country Market Cap PE Ratio
Toyota (TM) Japan $259.351B 7.95
Byd (BYDDY) China $148.811B 23.41
Mercedes-Benz Group AG (MBGYY) Germany $58.390B 3.98
Volkswagen AG (VWAGY) Germany $55.744B 5.59
BMW (BAMXF) Germany $49.409B 6.79
Honda (HMC) Japan $48.074B 7.16
Volkswagen AG (VLKAF) Germany $32.460B 5.55
Bridgestone (BRDCY) Japan $28.940B 0.00
Stellantis (STLA) Netherlands $28.569B 0.00
Li Auto (LI) China $26.440B 24.05
Suzuki Motor (SZKMY) Japan $24.385B 0.00
Geely Automobile Holdings (GELYY) Hong Kong, SAR China $21.915B 0.00
XPeng (XPEV) China $18.924B 0.00
RENAULT (RNLSY) France $16.065B 0.00
Subaru (FUJHY) Japan $13.459B 5.10
Isuzu Motors (ISUZY) Japan $9.625B 10.88
Nissan Motor (NSANY) Japan $8.969B 7.67
Yamaha Motor (YMHAY) Japan $7.978B 0.00
ZEEKR Intelligent Technology Holding (ZK) China $5.610B 0.00
Dongfeng Motor Group (DNFGY) China $4.418B 0.00
Mazda Motor (MZDAY) Japan $3.801B 3.68
Polestar Automotive Holding UK (PSNY) Sweden $2.263B 0.00
Jiuzi Holdings (JZXN) China $0.025B 0.00
GreenPower Motor (GP) Canada $0.013B 0.00
Kaixin Holdings (KXIN) China $0.006B 0.00
Lobo EV Technologies (LOBO) China $0.006B 0.00