Geovis Technology Co (SHSE:688568) Accounts Payable & Accrued Expense : ¥1,414 Mil (As of Mar. 2024)

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What is Geovis Technology Co Accounts Payable & Accrued Expense?

Geovis Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,110 Mil) to Dec. 2023 (¥1,668 Mil) but then declined from Dec. 2023 (¥1,668 Mil) to Mar. 2024 (¥1,414 Mil).

Geovis Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥470 Mil) to Dec. 2022 (¥969 Mil) and increased from Dec. 2022 (¥969 Mil) to Dec. 2023 (¥1,668 Mil).

Geovis Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Geovis Technology 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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Geovis Technology Co Accounts Payable & Accrued Expense Chart

Geovis Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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179.32

312.00

470.07

969.26

1,667.99

Geovis Technology 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															884.38	989.33	1,110.27	1,667.99	1,414.47

Geovis Technology 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.

Geovis Technology Co (SHSE:688568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Geovis Technology Co Ltd (SHSE:688568) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 2 Airport East Road, Linkong Economic Core District, No. 1, 5 and 7 of No. 1A-4 Industrial Park, Shunyi District, Beijing, CHN, 101399

Website

http://www.geovis.com.cn

Geovis Technology Co Ltd is engaged in provision of digital earth products and technology development services. The technology of remote sensing, geographic information system, satellite positioning and navigation, virtual reality, and other independent research and development of the company digital earth products have a position in the domestic digital earth industry. The company provides software sales and data services, technology development services, digital earth integrated machines and system integration with GEOVIS digital earth products as the core for users in the government, enterprises and special fields.

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