Ingdan (FRA:7C3) Accounts Payable & Accrued Expense : €324 Mil (As of Dec. 2024)

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What is Ingdan Accounts Payable & Accrued Expense?

Ingdan's quarterly accounts payable & accrued expense declined from Dec. 2023 (€421 Mil) to Jun. 2024 (€352 Mil) and declined from Jun. 2024 (€352 Mil) to Dec. 2024 (€324 Mil).

Ingdan's annual accounts payable & accrued expense declined from Dec. 2022 (€464 Mil) to Dec. 2023 (€421 Mil) and declined from Dec. 2023 (€421 Mil) to Dec. 2024 (€324 Mil).

Ingdan Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ingdan'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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Ingdan Accounts Payable & Accrued Expense Chart

Ingdan Annual Data

Trend

Dec15

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Dec17

Dec18

Dec19

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Dec21

Dec22

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Dec24

Accounts Payable & Accrued Expense

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79.00

286.11

463.88

421.17

323.68

Ingdan Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															463.88	519.21	421.17	351.93	323.68

Ingdan 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.

Ingdan Business Description

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00400:Hong Kong

Address

No. 55 Gaoxin South 9th Road, 11th Floor, Microsoft Comtech Tower, Nanshan, Shenzhen, CHN, 518057

Website

https://ingdangroup.com

Ingdan Inc provides a technology services platform (iPaaS) serving the world-wide integrated circuits chips industry and AIoT ecosystem in China. The Group operates under a dual-platform model, Comtech, a technology services platform for the chip industry, and Ingdan, a platform providing AIoT technology and services. The two platforms form the Comtech plus Ingdan development model, serving the chip-device-cloud AIoT industry chain, so as to provide technical integration solutions, marketing solutions, and distribution services. The Group's operations are divided into two key segments for reporting: Comtech and Ingdan. Comtech specializes in sales of integrated circuits (IC), electronic components, and AIoT products. Meanwhile, Ingdan focuses on proprietary and semiconductor products.

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