CBAK Energy Technology (LTS:0A98) Current Accrued Expense : $6.9 Mil (As of Mar. 2024)

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What is CBAK Energy Technology Current Accrued Expense?

CBAK Energy Technology's Current Accrued Expense for the quarter that ended in Mar. 2024 was $6.9 Mil.

CBAK Energy Technology's quarterly Current Accrued Expense declined from Sep. 2023 ($38.5 Mil) to Dec. 2023 ($7.4 Mil) and declined from Dec. 2023 ($7.4 Mil) to Mar. 2024 ($6.9 Mil).

CBAK Energy Technology's annual Current Accrued Expense declined from Dec. 2021 ($8.3 Mil) to Dec. 2022 ($6.6 Mil) but then increased from Dec. 2022 ($6.6 Mil) to Dec. 2023 ($7.4 Mil).

CBAK Energy Technology Current Accrued Expense Historical Data

The historical data trend for CBAK Energy Technology's Current 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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CBAK Energy Technology Current Accrued Expense Chart

CBAK Energy Technology Annual Data

Trend

Sep14

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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3.70

5.33

8.30

6.65

7.38

CBAK Energy Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial															22.37	27.87	38.48	7.38	6.87

CBAK Energy Technology Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

CBAK Energy Technology Current Accrued Expense Related Terms

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CBAK Energy Technology (LTS:0A98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CBAK Energy Technology Inc (LTS:0A98) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

CBAT:USA B6JA:Germany

Address

CBAK Industrial Park, Meigui Street, Huayuankou Economic Zone, Liaoning Province, Dalian, CHN, 116450

Website

https://www.cbak.com.cn

CBAK Energy Technology Inc is engaged in the manufacture, commercialization, and distribution of a variety of standard and customized lithium-ion high-power rechargeable batteries which are mainly used in electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and other high power applications. The company manufactures five types of Li-ion rechargeable batteries namely aluminum-case cells, battery packs, cylindrical cells, lithium polymer cells, and high-power lithium battery cells. Geographically, it generates a majority of its revenue from Mainland China and also has an operation in Europe, the United States, Korea, and Other Countries.

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