Tongding Interconnection Information Co (SZSE:002491) Accounts Payable & Accrued Expense : ¥1,482 Mil (As of Sep. 2023)

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What is Tongding Interconnection Information Co Accounts Payable & Accrued Expense?

Tongding Interconnection Information Co's quarterly accounts payable & accrued expense declined from Mar. 2023 (¥1,439 Mil) to Jun. 2023 (¥1,322 Mil) but then increased from Jun. 2023 (¥1,322 Mil) to Sep. 2023 (¥1,482 Mil).

Tongding Interconnection Information Co's annual accounts payable & accrued expense declined from Dec. 2020 (¥1,130 Mil) to Dec. 2021 (¥789 Mil) but then increased from Dec. 2021 (¥789 Mil) to Dec. 2022 (¥1,418 Mil).

Tongding Interconnection Information Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tongding Interconnection Information 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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Tongding Interconnection Information Co Accounts Payable & Accrued Expense Chart

Tongding Interconnection Information Co Annual Data

Trend

Dec13

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Dec22

Accounts Payable & Accrued Expense

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1,174.02

1,458.54

1,130.45

788.72

1,417.81

Tongding Interconnection Information 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															871.09	1,417.81	1,438.64	1,322.23	1,481.63

Tongding Interconnection Information 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.

Tongding Interconnection Information Co (SZSE:002491) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tongding Interconnection Information Co Ltd (SZSE:002491) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.18, Xiaoping Road, Badu Industrial Zone, Zhenze, Wujiang, Jiangsu, CHN, 215233

Website

http://www.tdgd.com.cn

Tongding Interconnection Information Co Ltd is a China-based fiber optic cable manufacturing company. It specializes in the production of optical fiber, optical fiber cable, optical devices, optical fiber sensors, special optical cables and other products. In addition, the company also provides data center solution, cloud data center cable solution, rail transit cable solution, and wireless signal distribution system.

Tongding Interconnection Information Co (SZSE:002491) Headlines

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