Shandong New Beiyang Information Technology Co (SZSE:002376) Accounts Payable & Accrued Expense : ¥572 Mil (As of Sep. 2023)

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What is Shandong New Beiyang Information Technology Co Accounts Payable & Accrued Expense?

Shandong New Beiyang Information Technology Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥433 Mil) to Jun. 2023 (¥479 Mil) and increased from Jun. 2023 (¥479 Mil) to Sep. 2023 (¥572 Mil).

Shandong New Beiyang Information Technology Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥778 Mil) to Dec. 2021 (¥966 Mil) but then declined from Dec. 2021 (¥966 Mil) to Dec. 2022 (¥548 Mil).

Shandong New Beiyang Information Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong New Beiyang Information 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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Shandong New Beiyang Information Technology Co Accounts Payable & Accrued Expense Chart

Shandong New Beiyang Information Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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562.11

739.98

777.67

965.88

548.05

Shandong New Beiyang Information 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															618.11	548.05	432.87	479.44	572.01

Shandong New Beiyang Information 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.

Shandong New Beiyang Information Technology Co (SZSE:002376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shandong New Beiyang Information Technology Co Ltd (SZSE:002376) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.169, Torch Road, Torch High-tech Industrial Development Zone, Shandong Province, Weihai, CHN, 264203

Website

http://www.snbc.com.cn

Shandong New Beiyang Information Technology Co Ltd is a China-based company focused on the research and development, production, sales and service of thermal printing, identification as well as smart system integration products. It offers products such as Kiosk printer, scanner, receipt printers, barcode printers, banknote sorter and self-service terminals. In addition, the company also provides solutions in the field of finance, logistics, and other industries.

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