Huizhou Desay SV Automotive Co (SZSE:002920) Accounts Payable & Accrued Expense : ¥7,943 Mil (As of Mar. 2024)

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What is Huizhou Desay SV Automotive Co Accounts Payable & Accrued Expense?

Huizhou Desay SV Automotive Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥7,187 Mil) to Dec. 2023 (¥8,111 Mil) but then declined from Dec. 2023 (¥8,111 Mil) to Mar. 2024 (¥7,943 Mil).

Huizhou Desay SV Automotive Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,657 Mil) to Dec. 2022 (¥5,358 Mil) and increased from Dec. 2022 (¥5,358 Mil) to Dec. 2023 (¥8,111 Mil).

Huizhou Desay SV Automotive Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Huizhou Desay SV Automotive 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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Huizhou Desay SV Automotive Co Accounts Payable & Accrued Expense Chart

Huizhou Desay SV Automotive Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,742.18

2,511.24

3,657.32

5,357.59

8,111.13

Huizhou Desay SV Automotive 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															5,253.14	5,782.54	7,187.27	8,111.13	7,943.25

Huizhou Desay SV Automotive 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.

Huizhou Desay SV Automotive Co (SZSE:002920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Huizhou Desay SV Automotive Co Ltd (SZSE:002920) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

103, Hechang 5th Road West, Zhongkai National Hi-tech Industrial Development Zone, Guangdong, Huizhou, CHN, 516006

Website

http://www.desaysv.com

Huizhou Desay SV Automotive Co Ltd is a China-based auto parts manufacturer. Its core business activities include research, development, and manufacturing of auto parts. Its product portfolio includes in-vehicle infotainment system, climate control, driver information display system, automotive display system, body control module and advanced driver assistance system.

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