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Ingdan (Ingdan) Accounts Payable & Accrued Expense : $458.85 Mil (As of Dec. 2023)


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What is Ingdan Accounts Payable & Accrued Expense?

Ingdan's quarterly accounts payable & accrued expense increased from Dec. 2022 ($491.39 Mil) to Jun. 2023 ($562.53 Mil) but then declined from Jun. 2023 ($562.53 Mil) to Dec. 2023 ($458.85 Mil).

Ingdan's annual accounts payable & accrued expense increased from Dec. 2021 ($323.29 Mil) to Dec. 2022 ($491.39 Mil) but then declined from Dec. 2022 ($491.39 Mil) to Dec. 2023 ($458.85 Mil).

Ingdan Accounts Payable & Accrued Expense Historical Data

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

Ingdan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.85 96.11 323.29 491.39 458.85

Ingdan Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 323.29 192.05 491.39 562.53 458.85

Ingdan 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.

Ingdan (Ingdan) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ingdan Inc (GREY:CGBGF) » Definitions » Accounts Payable & Accrued Expense
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HKSE:01184 HKSE:03991 HKSE:02166 HKSE:00471 HKSE:02302 HKSE:00529 HKSE:06036 HKSE:00007 HKSE:00595 HKSE:01632 SNX SZSE:000938 TSE:4768 ARW XPAR:RXL NSIT AVT TPE:3702 TPE:2347 XSWX:ALSN
Traded in Other Exchanges
00400:Hong Kong 7C3:Germany
Address
No. 55 Gaoxin South 9th Road, 11th Floor, Microsoft Comtech Tower, Nanshan, Shenzhen, CHN, 518057
Website
https://ingdangroup.com
Ingdan Inc provides a technology services platform (iPaaS) serving the global integrated circuits chips industry and AIoT ecosystem in China. The Group operates under a dual-platform model, Comtech, a technology services platform for the chip industry, and Ingdan, a platform providing AIoT technology and services. The two platforms form the Comtech plus Ingdan development model, serving the chip-device-cloud AIoT industry chain, so as to provide technical integration solutions, marketing solutions, and distribution services to customers.

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