Skyworth Group (Skyworth Group) Accounts Payable & Accrued Expense : $3,758 Mil (As of Dec. 2023)

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What is Skyworth Group Accounts Payable & Accrued Expense?

Skyworth Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($3,667 Mil) to Jun. 2023 ($4,013 Mil) but then declined from Jun. 2023 ($4,013 Mil) to Dec. 2023 ($3,758 Mil).

Skyworth Group's annual accounts payable & accrued expense increased from Dec. 2021 ($2,857 Mil) to Dec. 2022 ($3,667 Mil) and increased from Dec. 2022 ($3,667 Mil) to Dec. 2023 ($3,758 Mil).

Skyworth Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Skyworth Group'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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Skyworth Group Accounts Payable & Accrued Expense Chart

Skyworth Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,586.18

2,022.54

2,857.46

3,666.82

3,757.74

Skyworth Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,857.46	2,562.43	3,666.82	4,013.04	3,757.74

Skyworth Group 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.

Skyworth Group (Skyworth Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Skyworth Group Ltd (OTCPK:SWDHF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

00751:Hong Kong KYW:Germany

Address

20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.skyworth.com

Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.