Shanghai Optech Science and Technology Co (BJSE:836414) Accounts Payable & Accrued Expense : ¥29.5 Mil (As of Mar. 2024)

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What is Shanghai Optech Science and Technology Co Accounts Payable & Accrued Expense?

Shanghai Optech Science and Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥57.8 Mil) to Dec. 2023 (¥48.7 Mil) and declined from Dec. 2023 (¥48.7 Mil) to Mar. 2024 (¥29.5 Mil).

Shanghai Optech Science and Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥42.0 Mil) to Dec. 2022 (¥51.1 Mil) but then declined from Dec. 2022 (¥51.1 Mil) to Dec. 2023 (¥48.7 Mil).

Shanghai Optech Science and Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Optech Science and Technology 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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Shanghai Optech Science and Technology Co Accounts Payable & Accrued Expense Chart

Shanghai Optech Science and Technology Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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19.12

48.35

42.00

51.13

48.70

Shanghai Optech Science and Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															40.15	44.33	57.75	48.70	29.48

Shanghai Optech Science and Technology 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.

Shanghai Optech Science and Technology Co (BJSE:836414) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Optech Science and Technology Co Ltd (BJSE:836414) » Definitions » Accounts Payable & Accrued Expense

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Address

Lane 879, Zhongjiang Road, Room 402, Building 12, Putuo District, Shanghai, CHN, 200333

Website

http://www.optjt.cn

Shanghai Optech Science and Technology Co Ltd focused on the technology and product development of automatic detection equipment and automatic production equipment in the photovoltaic industry. It engages in designing photovoltaic detection solutions and the development, production, and sales of supporting equipment and software. It offers Component EL/appearance -AI automatic sorting system, String inspection EL/appearance AI automatic sorting system, Automatic battery sorting system, Final inspection appearance-AI automatic sorting system, Component repair query system, String inspection repair query system, Dual station battery string repair system, Photovoltaic power station UAV automatic operation and maintenance system.

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