Harbin VITI Electronic Co (SHSE:603023) Accounts Payable & Accrued Expense : ¥16.47 Mil (As of Mar. 2024)

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What is Harbin VITI Electronic Co Accounts Payable & Accrued Expense?

Harbin VITI Electronic Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥9.34 Mil) to Dec. 2023 (¥12.92 Mil) and increased from Dec. 2023 (¥12.92 Mil) to Mar. 2024 (¥16.47 Mil).

Harbin VITI Electronic Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥22.16 Mil) to Dec. 2022 (¥29.60 Mil) but then declined from Dec. 2022 (¥29.60 Mil) to Dec. 2023 (¥12.92 Mil).

Harbin VITI Electronic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Harbin VITI 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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Harbin VITI Electronic Co Accounts Payable & Accrued Expense Chart

Harbin VITI Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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35.45

20.84

22.16

29.60

12.92

Harbin VITI 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															29.73	9.83	9.34	12.92	16.47

Harbin VITI 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.

Harbin VITI Electronic Co (SHSE:603023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Harbin VITI Electronic Co Ltd (SHSE:603023) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 11 West Haping Road, High-tech Development District, Heilongjiang Province, Harbin, CHN, 150060

Website

http://www.viti.net.cn

Harbin VITI Electronic Co Ltd is a domestic automotive electronic control product supplier. Its engaged in the research, manufacturing, and sale of electronic products for cars and buses. It's products include CAN bus control system, bus control unit, controller (ECU control unit), Combination of instruments, sensors and other products. The products are mainly used in passenger cars, trucks and military vehicles.

Executives

Wu Peng Cheng	senior management
Cui Jian Min	senior management
Chen Zhen Hua	Directors, senior managers
Yu Qiong	senior management
Bai Zhe Song	Director
Zhou Bao Tian	Supervisors
Liu Guo Ping	Director
Lv You Gang	senior management

Harbin VITI Electronic Co (SHSE:603023) Headlines

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