GRG Metrology & Test Group Co (SZSE:002967) Accounts Payable & Accrued Expense : ¥578 Mil (As of Dec. 2023)

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What is GRG Metrology & Test Group Co Accounts Payable & Accrued Expense?

GRG Metrology & Test Group Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (¥437 Mil) to Sep. 2023 (¥465 Mil) and increased from Sep. 2023 (¥465 Mil) to Dec. 2023 (¥578 Mil).

GRG Metrology & Test Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥563 Mil) to Dec. 2022 (¥636 Mil) but then declined from Dec. 2022 (¥636 Mil) to Dec. 2023 (¥578 Mil).

GRG Metrology & Test Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for GRG Metrology & Test Group 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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GRG Metrology & Test Group Co Accounts Payable & Accrued Expense Chart

GRG Metrology & Test Group Co Annual Data

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Dec23

Accounts Payable & Accrued Expense

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269.62

481.45

563.00

636.38

577.60

GRG Metrology & Test Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															636.38	507.39	437.43	465.01	577.60

GRG Metrology & Test Group 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.

GRG Metrology & Test Group Co (SZSE:002967) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GRG Metrology & Test Group Co Ltd (SZSE:002967) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 8, Qishan Road, Room 150, Shiqi Town, Panyu District, Guangdong Province, Guangzhou, CHN, 510656

Website

http://www.grgtest.com

GRG Metrology & Test Group Co Ltd is devoted to standards compiling, product testing and certification, analysis and assessment, consulting and training, test equipment and software research and development, providing state of the art services to various industries including automotive, traffic and rail, communication and electric power and others.

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