Chengdu XGimi Technology Co (SHSE:688696) Accounts Payable & Accrued Expense : ¥953 Mil (As of Dec. 2023)

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What is Chengdu XGimi Technology Co Accounts Payable & Accrued Expense?

Chengdu XGimi Technology Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (¥715 Mil) to Sep. 2023 (¥772 Mil) and increased from Sep. 2023 (¥772 Mil) to Dec. 2023 (¥953 Mil).

Chengdu XGimi Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,864 Mil) to Dec. 2022 (¥1,328 Mil) and declined from Dec. 2022 (¥1,328 Mil) to Dec. 2023 (¥953 Mil).

Chengdu XGimi Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chengdu XGimi Technology 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 XGimi Technology Co Accounts Payable & Accrued Expense Chart

Chengdu XGimi Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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525.06

1,291.88

1,863.65

1,328.25

953.18

Chengdu XGimi Technology Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,328.25	934.23	715.07	771.56	953.18

Chengdu XGimi Technology 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 XGimi Technology Co (SHSE:688696) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu XGimi Technology Co Ltd (SHSE:688696) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

1129 Century City Road, High-tech Zone, China (Sichuan) Pilot Free Trade Zone, No. 2, Floor 2, Unit 1, Building 4, Area A, Tianfu Software Park, Chengdu, CHN, 610000

Website

https://www.xgimi.com

Chengdu XGimi Technology Co Ltd is engaged in the designing and manufacturing of high-performance multi-functional smart projectors and laser TVs.

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