Northeast Electrical Development Co (HKSE:00042) Accounts Payable & Accrued Expense : HK$260.1 Mil (As of Dec. 2023)

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What is Northeast Electrical Development Co Accounts Payable & Accrued Expense?

Northeast Electrical Development Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$257.6 Mil) to Jun. 2023 (HK$298.0 Mil) but then declined from Jun. 2023 (HK$298.0 Mil) to Dec. 2023 (HK$260.1 Mil).

Northeast Electrical Development Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$240.2 Mil) to Dec. 2022 (HK$257.6 Mil) and increased from Dec. 2022 (HK$257.6 Mil) to Dec. 2023 (HK$260.1 Mil).

Northeast Electrical Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Northeast Electrical Development 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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Northeast Electrical Development Co Accounts Payable & Accrued Expense Chart

Northeast Electrical Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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402.17

222.78

240.16

257.56

260.08

Northeast Electrical Development Co 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															301.25	257.56	297.98	260.08	-

Northeast Electrical Development 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.

Northeast Electrical Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Northeast Electrical Development Co Ltd (HKSE:00042) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

No.7 Guoxing Road, Meilan District, 22nd Floor, HNA Plaza, Hainan Province, Haikou, CHN, 570203

Website

https://www.neeq.com.cn

Northeast Electrical Development Co Ltd is mainly engaged in the R&D, design, production and sales businesses of products related to power transmission and transformation equipment as well as hotel catering and accommodation services. The products offered by the company include enclosed busbars which are applied to the power system field and are used to enhance transmission capacity of power transmission lines and support transmission of the high-power electric energy.

Executives

Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si

2201 Interest of corporation controlled by you

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