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Wingtech Technology Co (SHSE:600745) Accounts Payable & Accrued Expense : ¥17,005 Mil (As of Mar. 2024)


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What is Wingtech Technology Co Accounts Payable & Accrued Expense?

Wingtech Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥16,755 Mil) to Dec. 2023 (¥17,652 Mil) but then declined from Dec. 2023 (¥17,652 Mil) to Mar. 2024 (¥17,005 Mil).

Wingtech Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥18,973 Mil) to Dec. 2022 (¥17,746 Mil) and declined from Dec. 2022 (¥17,746 Mil) to Dec. 2023 (¥17,652 Mil).


Wingtech Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wingtech 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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Wingtech Technology Co Accounts Payable & Accrued Expense Chart

Wingtech Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25,864.81 19,827.87 18,972.96 17,746.41 17,652.19

Wingtech Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15,415.53 16,128.38 16,754.53 17,652.19 17,005.22

Wingtech 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.


Wingtech Technology Co (SHSE:600745) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mission Town Hill on the 6th district, Hubei Province, Huangshi, CHN, 314000
Wingtech Technology Co Ltd is a China-based company engaged in the research, development, and manufacture of mobile terminals and smart hardware products. Its main products are mobile communication complete machines, mobile communication devices and other mobile communication products, such as smartphones. The company also provides services such as Intelligent Terminal, Virtual Reality, Property and Hotel and other services.

Wingtech Technology Co (SHSE:600745) Headlines

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