Jiangsu Hongtu High Technology Co (SHSE:600122) Accounts Payable & Accrued Expense : ¥1,661 Mil (As of Mar. 2023)

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What is Jiangsu Hongtu High Technology Co Accounts Payable & Accrued Expense?

Jiangsu Hongtu High Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2022 (¥1,990 Mil) to Dec. 2022 (¥2,203 Mil) but then declined from Dec. 2022 (¥2,203 Mil) to Mar. 2023 (¥1,661 Mil).

Jiangsu Hongtu High Technology Co's annual accounts payable & accrued expense declined from Dec. 2020 (¥1,965 Mil) to Dec. 2021 (¥1,876 Mil) but then increased from Dec. 2021 (¥1,876 Mil) to Dec. 2022 (¥2,203 Mil).

Jiangsu Hongtu High Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiangsu Hongtu High 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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Jiangsu Hongtu High Technology Co Accounts Payable & Accrued Expense Chart

Jiangsu Hongtu High Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2,590.75

1,633.02

1,965.19

1,875.54

2,202.86

Jiangsu Hongtu High Technology Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,920.05	1,931.23	1,990.06	2,202.86	1,661.35

Jiangsu Hongtu High 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.

Jiangsu Hongtu High Technology Co (SHSE:600122) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Hongtu High Technology Co Ltd (SHSE:600122) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Block B, Number 68 Software Road, Yuhuatai District, Nanjing, CHN, 210012

Website

http://www.hiteker.com.cn

Jiangsu Hongtu High Technology Co Ltd is engaged in retail, electronics manufacturing, Internet finance, and real estate development activities in the People's Republic of China. It retails computers, telecommunications, smart living, digital products, DIY computer assembly and IT accessories, various products and accessories, various external devices, network and server equipment, office automation and supplies and other accessory products, software products and IT books and service products. The company also offers various services and support, including on-site maintenance, system installation, and commissioning, application guidance, technical maintenance and after-sale services.

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