Lenovo Group (Lenovo Group) Other Current Liabilities : $8,981 Mil (As of Dec. 2023)

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What is Lenovo Group Other Current Liabilities?

Lenovo Group's other current liabilities for the quarter that ended in Dec. 2023 was $8,981 Mil.

Lenovo Group's quarterly other current liabilities increased from Jun. 2023 ($8,601 Mil) to Sep. 2023 ($8,671 Mil) and increased from Sep. 2023 ($8,671 Mil) to Dec. 2023 ($8,981 Mil).

Lenovo Group's annual other current liabilities increased from Mar. 2021 ($8,167 Mil) to Mar. 2022 ($10,589 Mil) but then declined from Mar. 2022 ($10,589 Mil) to Mar. 2023 ($9,204 Mil).

Lenovo Group Other Current Liabilities Historical Data

The historical data trend for Lenovo Group's Other Current Liabilities 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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Lenovo Group Other Current Liabilities Chart

Lenovo Group Annual Data

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Other Current Liabilities

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Lenovo Group Quarterly Data
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Lenovo Group Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Lenovo Group Other Current Liabilities Related Terms

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Lenovo Group (Lenovo Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lenovo Group Ltd (OTCPK:LNVGY) » Definitions » Other Current Liabilities

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LNVGF:USA 00992:Hong Kong LHL:Germany

Address

979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.lenovo.com

Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.