Pony Testing International Group Co (SZSE:300887) Accounts Payable & Accrued Expense : ¥363 Mil (As of Mar. 2024)

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What is Pony Testing International Group Co Accounts Payable & Accrued Expense?

Pony Testing International Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥397 Mil) to Dec. 2023 (¥407 Mil) but then declined from Dec. 2023 (¥407 Mil) to Mar. 2024 (¥363 Mil).

Pony Testing International Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥296 Mil) to Dec. 2022 (¥549 Mil) but then declined from Dec. 2022 (¥549 Mil) to Dec. 2023 (¥407 Mil).

Pony Testing International Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pony Testing International 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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Pony Testing International Group Co Accounts Payable & Accrued Expense Chart

Pony Testing International Group Co Annual Data

Trend

Dec09

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Dec16

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Dec23

Accounts Payable & Accrued Expense

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137.45

165.64

295.52

548.64

407.32

Pony Testing International 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															426.11	423.38	397.02	407.32	362.57

Pony Testing International 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.

Pony Testing International Group Co (SZSE:300887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pony Testing International Group Co Ltd (SZSE:300887) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 66, Jindai Road, 101, 5th Floor, Building 1, Haidian District, Beijing, CHN, 100095

Website

https://www.ponytest.com

Pony Testing Co Ltd provides inspection, measurement, certification and related technical services.The services are offered in various areas such as medical device inspection, technical consultation of measuring instruments and equipment, environmental monitoring, trade compliance and others.

Pony Testing International Group Co (SZSE:300887) Headlines

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