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Zhejiang He Chuan Technology (SHSE:688320) Accounts Payable & Accrued Expense : ¥259 Mil (As of Mar. 2024)


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What is Zhejiang He Chuan Technology Accounts Payable & Accrued Expense?

Zhejiang He Chuan Technology's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥401 Mil) to Dec. 2023 (¥367 Mil) and declined from Dec. 2023 (¥367 Mil) to Mar. 2024 (¥259 Mil).

Zhejiang He Chuan Technology's annual accounts payable & accrued expense increased from Dec. 2021 (¥263 Mil) to Dec. 2022 (¥454 Mil) but then declined from Dec. 2022 (¥454 Mil) to Dec. 2023 (¥367 Mil).


Zhejiang He Chuan Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang He Chuan Technology'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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Zhejiang He Chuan Technology Accounts Payable & Accrued Expense Chart

Zhejiang He Chuan Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 98.11 206.78 262.87 454.10 366.63

Zhejiang He Chuan Technology Quarterly Data
Dec18 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 414.88 404.71 401.37 366.63 258.87

Zhejiang He Chuan Technology 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.


Zhejiang He Chuan Technology (SHSE:688320) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Fucai Road, Longyou Industrial Park, Zhejiang Province, Quzhou, CHN, 324400
Zhejiang He Chuan Technology Corp Ltd is engaged in the research and development, production, sales and application integration of industrial automation products.

Zhejiang He Chuan Technology (SHSE:688320) Headlines

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