Shenzhen MTC Co (SZSE:002429) Accounts Payable & Accrued Expense : ¥5,299 Mil (As of Mar. 2024)

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What is Shenzhen MTC Co Accounts Payable & Accrued Expense?

Shenzhen MTC Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥5,531 Mil) to Dec. 2023 (¥5,574 Mil) but then declined from Dec. 2023 (¥5,574 Mil) to Mar. 2024 (¥5,299 Mil).

Shenzhen MTC Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥5,151 Mil) to Dec. 2022 (¥4,850 Mil) but then increased from Dec. 2022 (¥4,850 Mil) to Dec. 2023 (¥5,574 Mil).

Shenzhen MTC Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen MTC 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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Shenzhen MTC Co Accounts Payable & Accrued Expense Chart

Shenzhen MTC Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,318.32

6,652.00

5,150.89

4,849.66

5,574.27

Shenzhen MTC Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															3,707.24	4,938.93	5,531.20	5,574.27	5,299.12

Shenzhen MTC 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.

Shenzhen MTC Co (SZSE:002429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen MTC Co Ltd (SZSE:002429) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Pengzhou Industrial Zone, Fuyong Street, Futian District, Shenzhen, Guangdong, CHN, 518103

Website

http://www.szmtc.com.cn

Shenzhen MTC Co Ltd is a China-based company that manufactures and designs LCD TVs, set-top boxes, LED components and components, network communications terminals and internet entertainment products.

Shenzhen MTC Co (SZSE:002429) Headlines

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