Luxshare Precision Industry Co (SZSE:002475) Accounts Payable & Accrued Expense : ¥39,103 Mil (As of Mar. 2024)

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What is Luxshare Precision Industry Co Accounts Payable & Accrued Expense?

Luxshare Precision Industry Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥54,266 Mil) to Dec. 2023 (¥50,159 Mil) and declined from Dec. 2023 (¥50,159 Mil) to Mar. 2024 (¥39,103 Mil).

Luxshare Precision Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥48,749 Mil) to Dec. 2022 (¥53,984 Mil) but then declined from Dec. 2022 (¥53,984 Mil) to Dec. 2023 (¥50,159 Mil).

Luxshare Precision Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luxshare Precision Industry 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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Luxshare Precision Industry Co Accounts Payable & Accrued Expense Chart

Luxshare Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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19,578.16

24,961.35

48,749.01

53,983.94

50,159.42

Luxshare Precision Industry 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															37,215.24	33,596.02	54,265.92	50,159.42	39,102.69

Luxshare Precision Industry 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.

Luxshare Precision Industry Co (SZSE:002475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Luxshare Precision Industry Co Ltd (SZSE:002475) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650

Website

http://www.luxshare-ict.com

Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.

Luxshare Precision Industry Co (SZSE:002475) Headlines

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