AAC Technologies Holdings (HKSE:02018) Accounts Payable & Accrued Expense : HK$6,485 Mil (As of Dec. 2023)

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What is AAC Technologies Holdings Accounts Payable & Accrued Expense?

AAC Technologies Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$5,695 Mil) to Jun. 2023 (HK$5,549 Mil) but then increased from Jun. 2023 (HK$5,549 Mil) to Dec. 2023 (HK$6,485 Mil).

AAC Technologies Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$7,771 Mil) to Dec. 2022 (HK$5,695 Mil) but then increased from Dec. 2022 (HK$5,695 Mil) to Dec. 2023 (HK$6,485 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

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6,373.44

6,419.09

7,770.51

5,694.90

6,485.38

AAC Technologies Holdings 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															7,770.51	6,219.53	5,694.90	5,549.15	6,485.38

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 (HKSE:02018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AAC Technologies Holdings Inc (HKSE:02018) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AACAY:USA AACAF:USA A2X: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 then 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 27,798 people in December 2022.

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