Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Accounts Payable & Accrued Expense : HK$40.84 Mil (As of Dec. 2023)

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What is Shanxi Changcheng Microlight Equipment Co Accounts Payable & Accrued Expense?

Shanxi Changcheng Microlight Equipment Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$10.53 Mil) to Sep. 2023 (HK$0.00 Mil) but then increased from Sep. 2023 (HK$0.00 Mil) to Dec. 2023 (HK$40.84 Mil).

Shanxi Changcheng Microlight Equipment Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$35.41 Mil) to Dec. 2022 (HK$32.53 Mil) but then increased from Dec. 2022 (HK$32.53 Mil) to Dec. 2023 (HK$40.84 Mil).

Shanxi Changcheng Microlight Equipment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanxi Changcheng Microlight Equipment 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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Shanxi Changcheng Microlight Equipment Co Accounts Payable & Accrued Expense Chart

Shanxi Changcheng Microlight Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11.51

11.74

35.41

32.53

40.84

Shanxi Changcheng Microlight Equipment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															32.53	-	10.53	-	40.84

Shanxi Changcheng Microlight Equipment 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.

Shanxi Changcheng Microlight Equipment Co (HKSE:08286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanxi Changcheng Microlight Equipment Co Ltd (HKSE:08286) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 7 Dianzi Street, Demonstration Zone, Shanxi Province, Taiyuan, CHN

Website

http://www.sxccoe.com

Shanxi Changcheng Microlight Equipment Co Ltd is a China-based company engaged in the design, research, development, manufacture, and sale of image transmission fiber optic products. Image transmission fiber optics products manufactured by the company are image transmission devices containing a rigidly bundle of optical fibers arranged in an ordered fashion so that images can be transmitted from one end of the optical fiber bundle and displayed on the other end of the bundle. The company produces five main products, including fiber optic inverters, fiber optic straight plates, fiber optic face plates, fiber optic tapers and microchannel plates.

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