Changzhou Tonghui Electronic Co (BJSE:833509) Accounts Payable & Accrued Expense : ¥26.4 Mil (As of Mar. 2024)

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What is Changzhou Tonghui Electronic Co Accounts Payable & Accrued Expense?

Changzhou Tonghui Electronic Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥34.1 Mil) to Dec. 2023 (¥31.8 Mil) and declined from Dec. 2023 (¥31.8 Mil) to Mar. 2024 (¥26.4 Mil).

Changzhou Tonghui Electronic Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥33.7 Mil) to Dec. 2022 (¥50.2 Mil) but then declined from Dec. 2022 (¥50.2 Mil) to Dec. 2023 (¥31.8 Mil).

Changzhou Tonghui Electronic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Changzhou Tonghui Electronic Co'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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Changzhou Tonghui Electronic Co Accounts Payable & Accrued Expense Chart

Changzhou Tonghui Electronic Co Annual Data

Trend

Dec14

Dec15

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15.85

17.57

33.68

50.20

31.80

Changzhou Tonghui Electronic Co 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															35.04	38.35	34.07	31.80	26.39

Changzhou Tonghui Electronic Co 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.

Changzhou Tonghui Electronic Co (BJSE:833509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Changzhou Tonghui Electronic Co Ltd (BJSE:833509) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou City, CHN, 213022

Website

https://www.tonghui.com.cn

Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester and Cable Tester, and Accessories.

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