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ZTE (SZSE:000063) Accounts Payable & Accrued Expense

: ¥49,809 Mil (As of Dec. 2023)
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ZTE's quarterly accounts payable & accrued expense increased from Jun. 2023 (¥45,305 Mil) to Sep. 2023 (¥46,150 Mil) and increased from Sep. 2023 (¥46,150 Mil) to Dec. 2023 (¥49,809 Mil).

ZTE's annual accounts payable & accrued expense declined from Dec. 2021 (¥49,688 Mil) to Dec. 2022 (¥47,264 Mil) but then increased from Dec. 2022 (¥47,264 Mil) to Dec. 2023 (¥49,809 Mil).

ZTE Accounts Payable & Accrued Expense Historical Data

The historical data trend for ZTE'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.

* Premium members only.

ZTE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42,192.52 44,292.29 49,687.82 47,263.82 49,808.91

ZTE Quarterly Data
Mar19 Jun19 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 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 Premium Member Only Premium Member Only Premium Member Only 47,263.82 43,314.38 45,304.70 46,149.50 49,808.91

ZTE 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.

ZTE (SZSE:000063) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ZTE Corp (SZSE:000063) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
ZTCOF:USA 00763:Hong Kong FZM:Germany
Address
ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Website
https://www.zte.com.cn
ZTE Corp offers a suite of telecommunications and information technology equipment to carriers, businesses, and the public sector. The firm's product portfolio covers wireless networks, core networks, fixed access, terminals, and other telecom verticals. ZTE generates a majority of its revenue from equipment supporting carriers' networks, but also provides handset terminals and telecom software systems. PRC region accounts for a majority of the firm's revenue, but ZTE also has a presence in Asia, Africa, Europe and the Americas.

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