Hi Sun Technology (China) (Hi Sun Technology (China)) Accounts Payable & Accrued Expense : $625.8 Mil (As of Dec. 2023)

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What is Hi Sun Technology (China) Accounts Payable & Accrued Expense?

Hi Sun Technology (China)'s quarterly accounts payable & accrued expense increased from Dec. 2022 ($309.9 Mil) to Jun. 2023 ($321.7 Mil) and increased from Jun. 2023 ($321.7 Mil) to Dec. 2023 ($625.8 Mil).

Hi Sun Technology (China)'s annual accounts payable & accrued expense increased from Dec. 2021 ($251.5 Mil) to Dec. 2022 ($309.9 Mil) and increased from Dec. 2022 ($309.9 Mil) to Dec. 2023 ($625.8 Mil).

Hi Sun Technology (China) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hi Sun Technology (China)'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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Hi Sun Technology (China) Accounts Payable & Accrued Expense Chart

Hi Sun Technology (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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225.57

275.28

251.50

309.91

625.79

Hi Sun Technology (China) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															251.50	248.90	309.91	321.73	625.79

Hi Sun Technology (China) 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.

Hi Sun Technology (China) (Hi Sun Technology (China)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi Sun Technology (China) Ltd (OTCPK:HISNF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00818:Hong Kong

Address

30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG

Website

http://www.hisun.com.hk

Hi Sun Technology (China) Ltd has five operating segments: payment processing, financial solutions, electronic power meters, Information security chips & solutions, and platform operation solutions. The payment processing solutions segment is engaged in the provision of payment processing services, merchant recruiting, and related products and solutions. Financial solutions provide consulting, integration, and operation services of information technology products to financial institutions and banks. The firm manufactures electronic power meters primarily for the public sector. Platform operation solutions provide operational support for telecom and payment platform solutions. Its geographical segments are Mainland China and Hong Kong.

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