CETC Cyberspace Security Technology Co (SZSE:002268) Accounts Payable & Accrued Expense : ¥1,310 Mil (As of Sep. 2023)

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What is CETC Cyberspace Security Technology Co Accounts Payable & Accrued Expense?

CETC Cyberspace Security Technology Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥1,398 Mil) to Jun. 2023 (¥1,448 Mil) but then declined from Jun. 2023 (¥1,448 Mil) to Sep. 2023 (¥1,310 Mil).

CETC Cyberspace Security Technology Co's annual accounts payable & accrued expense declined from Dec. 2020 (¥1,376 Mil) to Dec. 2021 (¥1,299 Mil) but then increased from Dec. 2021 (¥1,299 Mil) to Dec. 2022 (¥1,660 Mil).

CETC Cyberspace Security Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for CETC Cyberspace Security 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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CETC Cyberspace Security Technology Co Accounts Payable & Accrued Expense Chart

CETC Cyberspace Security Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,351.46

1,209.68

1,376.19

1,299.25

1,659.88

CETC Cyberspace Security Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,150.63	1,659.88	1,398.21	1,447.84	1,309.79

CETC Cyberspace Security 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.

CETC Cyberspace Security Technology Co (SZSE:002268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CETC Cyberspace Security Technology Co Ltd (SZSE:002268) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 333, Yunhua Road, High-Tech Industrial Dvelopment Zone, Sichuan, Chengdu, CHN, 610095

Website

http://www.westone.com.cn

CETC Cyberspace Security Technology Co Ltd is a China-based company that offers security-related products and services. It provides professional and autonomous network information security solutions, products, and services. It offers password products, network security products, and security information systems. The group is committed to building a life-cycle security solution from chip to system for a party and government users.

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