Chaozhou Three-Circle (Group) Co (SZSE:300408) Accounts Payable & Accrued Expense : ¥1,245 Mil (As of Mar. 2024)

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What is Chaozhou Three-Circle (Group) Co Accounts Payable & Accrued Expense?

Chaozhou Three-Circle (Group) Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,151 Mil) to Dec. 2023 (¥1,464 Mil) but then declined from Dec. 2023 (¥1,464 Mil) to Mar. 2024 (¥1,245 Mil).

Chaozhou Three-Circle (Group) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,203 Mil) to Dec. 2022 (¥1,130 Mil) but then increased from Dec. 2022 (¥1,130 Mil) to Dec. 2023 (¥1,464 Mil).

Chaozhou Three-Circle (Group) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chaozhou Three-Circle (Group) 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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Chaozhou Three-Circle (Group) Co Accounts Payable & Accrued Expense Chart

Chaozhou Three-Circle (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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438.19

729.53

1,202.76

1,130.08

1,463.93

Chaozhou Three-Circle (Group) 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															884.75	1,690.35	1,150.80	1,463.93	1,244.81

Chaozhou Three-Circle (Group) 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.

Chaozhou Three-Circle (Group) Co (SZSE:300408) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chaozhou Three-Circle (Group) Co Ltd (SZSE:300408) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sanhuan Industrial District, Fengtang, Chaozhou, Guangdong, CHN, 515646

Website

http://www.cctc.cc

Chaozhou Three-Circle (Group) Co Ltd is a China-based company engages in the field of electronic components and ceramics. Its products include fiber optic component, ceramic substrates, multilayer ceramic chip capacitor, resistors, ceramic rods, light-emitting diode ceramic package, surface mount device ceramic package, electronic-ceramic parts, mechanical structural ceramic parts, metalized ceramics, electric ceramics, fashion ceramics, ceramic blade, and aluminum nitride ceramic substrates.

Executives

Ge Yun Cheng	Supervisors
Qiu Ji Hua	Directors, executives
Wu Xiao Chun	Securities Affairs Representative
Gu Qun	Independent director
Xie Can Sheng	Directors, executives
Zhang Wei Fa	Executives
Ye Ying Qing	Supervisors
Long Yu Kun	Executives

Chaozhou Three-Circle (Group) Co (SZSE:300408) Headlines

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