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AACAY (AAC Technologies Holdings) Accounts Payable & Accrued Expense : $1,007 Mil (As of Jun. 2024)


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What is AAC Technologies Holdings Accounts Payable & Accrued Expense?

AAC Technologies Holdings's quarterly accounts payable & accrued expense increased from Jun. 2023 ($708 Mil) to Dec. 2023 ($830 Mil) and increased from Dec. 2023 ($830 Mil) to Jun. 2024 ($1,007 Mil).

AAC Technologies Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($996 Mil) to Dec. 2022 ($731 Mil) but then increased from Dec. 2022 ($731 Mil) to Dec. 2023 ($830 Mil).

AAC Technologies Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for AAC Technologies Holdings'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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AAC Technologies Holdings Accounts Payable & Accrued Expense Chart

AAC Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 816.64 828.07 996.35 731.48 830.42

AAC Technologies Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 792.49 731.48 708.43 830.42 1,006.84

AAC Technologies Holdings 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.

AAC Technologies Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AAC Technologies Holdings Inc (OTCPK:AACAY) » Definitions » Accounts Payable & Accrued Expense
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HKSE:06869 HKSE:00303 HKSE:01523 HKSE:02342 HKSE:02000 HKSE:08227 HKSE:01300 HKSE:01085 HKSE:01708 HKSE:01202 CSCO MSI SHSE:601138 HPE OSTO:ERIC B OHEL:NOKIA UI ZBRA SZSE:000063 JNPR
Traded in Other Exchanges
AACAF:USA 02018:Hong Kong A2XN:Germany
Address
38 Gloucester Road, Unit 1605-7, China Evergrande Centre, Wanchai, Hong Kong, HKG
Website
https://www.aactechnologies.com
AAC Technologies is one of the world's largest manufacturers of miniature acoustic components, such as speakers and receivers, primarily for smartphones, which account for under half of its revenue. Founded in 1993, the company has since expanded into the production of other handset components, such as electromagnetic drives (haptics), precision mechanical (metal casing), lenses and camera modules, and MEMS microphones. AAC is headquartered in Shenzhen, China, and runs factories in China, Vietnam, Czechia, and Malaysia. It employed 36,833 people as at June 30, 2024.