Ningbo PIA Automation Holding (SHSE:688306) Accounts Payable & Accrued Expense : ¥612 Mil (As of Mar. 2024)

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What is Ningbo PIA Automation Holding Accounts Payable & Accrued Expense?

Ningbo PIA Automation Holding's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥544 Mil) to Dec. 2023 (¥592 Mil) and increased from Dec. 2023 (¥592 Mil) to Mar. 2024 (¥612 Mil).

Ningbo PIA Automation Holding's annual accounts payable & accrued expense increased from Dec. 2021 (¥489 Mil) to Dec. 2022 (¥613 Mil) but then declined from Dec. 2022 (¥613 Mil) to Dec. 2023 (¥592 Mil).

Ningbo PIA Automation Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningbo PIA Automation Holding'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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Ningbo PIA Automation Holding Accounts Payable & Accrued Expense Chart

Ningbo PIA Automation Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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268.61

293.34

488.59

613.11

591.58

Ningbo PIA Automation Holding Quarterly Data
	Dec17	Dec18	Dec19	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														510.18	581.53	544.29	591.58	611.88

Ningbo PIA Automation Holding 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.

Ningbo PIA Automation Holding (SHSE:688306) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo PIA Automation Holding Corp (SHSE:688306) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 99, Qingyi Road, Building 4, High-tech Zone, Zhejiang Province, Ningbo, CHN, 315040

Website

http://www.piagroup.com.cn

Ningbo PIA Automation Holding Corp is engaged in the research and development, production, sales and service of complete sets of customized assembly and inspection intelligent manufacturing equipment and digital software.

Ningbo PIA Automation Holding (SHSE:688306) Headlines

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