Suzhou Secote Precision Electronic Co (SHSE:603283) Accounts Payable & Accrued Expense : ¥1,584 Mil (As of Mar. 2024)

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What is Suzhou Secote Precision Electronic Co Accounts Payable & Accrued Expense?

Suzhou Secote Precision Electronic Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,245 Mil) to Dec. 2023 (¥1,505 Mil) and increased from Dec. 2023 (¥1,505 Mil) to Mar. 2024 (¥1,584 Mil).

Suzhou Secote Precision Electronic Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,015 Mil) to Dec. 2022 (¥1,506 Mil) but then declined from Dec. 2022 (¥1,506 Mil) to Dec. 2023 (¥1,505 Mil).

Suzhou Secote Precision Electronic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suzhou Secote Precision 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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Suzhou Secote Precision Electronic Co Accounts Payable & Accrued Expense Chart

Suzhou Secote Precision Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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418.15

834.47

1,015.46

1,505.71

1,504.64

Suzhou Secote Precision 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															1,355.33	1,013.49	1,245.00	1,504.64	1,583.97

Suzhou Secote Precision 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.

Suzhou Secote Precision Electronic Co (SHSE:603283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Secote Precision Electronic Co Ltd (SHSE:603283) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.4 South Dongwu Road, Wuzhong, Suzhou, CHN, 215168

Website

http://www.secote.com

Suzhou Secote Precision Electronic Co Ltd is engaged in the provision of automation solutions. Secote offers technical consultancy, feasibility studies, data experimentation, system design, programming, system integration, installation and tuning, and other services. The company also provides measurement and detection equipment and fixtures. Secote's products are widely used in the consumer electronics, automotive, medical, household appliance, apparel and personal care, food service, and cosmetics industries.

Executives

Yang Wei	Director
	Director
Chen Xiang Bing	Director
Li San Bao	Director
Zhao Jian Hua	Directors, senior managers
Huang Yuan Yuan	senior management
Wang Yong	Director
Sun Feng	Directors, senior managers
Bie Yuan Feng	Supervisors
Sun Quan	Supervisors
Lou Hong Wei	Director
Liu Yan Wei	senior management
Ceng Hui	Director
Fu Kai Qiang	Director
Liu Hong Ning	senior management

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