Chengdu Sino Microelectronics Tech Co (SHSE:688709) Accounts Payable & Accrued Expense : ¥282.2 Mil (As of Mar. 2024)

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What is Chengdu Sino Microelectronics Tech Co Accounts Payable & Accrued Expense?

Chengdu Sino Microelectronics Tech Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥364.2 Mil) to Dec. 2023 (¥319.8 Mil) and declined from Dec. 2023 (¥319.8 Mil) to Mar. 2024 (¥282.2 Mil).

Chengdu Sino Microelectronics Tech Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥255.3 Mil) to Dec. 2022 (¥305.2 Mil) and increased from Dec. 2022 (¥305.2 Mil) to Dec. 2023 (¥319.8 Mil).

Chengdu Sino Microelectronics Tech Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chengdu Sino Microelectronics Tech 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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Chengdu Sino Microelectronics Tech Co Accounts Payable & Accrued Expense Chart

Chengdu Sino Microelectronics Tech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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99.36

198.97

255.26

305.21

319.82

Chengdu Sino Microelectronics Tech Co Quarterly Data
	Dec18	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								-	293.92	364.17	319.82	282.19

Chengdu Sino Microelectronics Tech 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.

Chengdu Sino Microelectronics Tech Co (SHSE:688709) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu Sino Microelectronics Tech Co Ltd (SHSE:688709) » Definitions » Accounts Payable & Accrued Expense

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Chengdu Sino Microelectronics Tech Co Ltd is engaged in research and development, design, testing and sales of special integrated circuits.

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