Nanjing Huamai Technology Co (SHSE:603042) Accounts Payable & Accrued Expense : ¥442.6 Mil (As of Mar. 2024)

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What is Nanjing Huamai Technology Co Accounts Payable & Accrued Expense?

Nanjing Huamai Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥368.7 Mil) to Dec. 2023 (¥404.5 Mil) and increased from Dec. 2023 (¥404.5 Mil) to Mar. 2024 (¥442.6 Mil).

Nanjing Huamai Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥497.9 Mil) to Dec. 2022 (¥335.3 Mil) but then increased from Dec. 2022 (¥335.3 Mil) to Dec. 2023 (¥404.5 Mil).

Nanjing Huamai Technology Co Accounts Payable & Accrued Expense Historical Data

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

Nanjing Huamai Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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586.38

472.05

497.87

335.32

404.54

Nanjing Huamai 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															356.47	370.22	368.74	404.54	442.57

Nanjing Huamai 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.

Nanjing Huamai Technology Co (SHSE:603042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanjing Huamai Technology Co Ltd (SHSE:603042) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

11th Runfa Road, Dongshan Industry Gathering Zone, Jiangning District, Jiangsu Province, Nanjing, CHN, 211103

Website

http://www.huamai.cn

Nanjing Huamai Technology Co Ltd is a Chinese company engaged in the research and development, design, manufacture and sale for telecom distribution products and passive microwave products. The company operates in two industries, namely fiber optic telecommunications and wireless telecommunications. Fiber optic telecommunications products covers parts from OLT to ONU in full series of ODN network, and Microwave telecommunications products include indoor signal distribution system and passive microwave components. It provides wireless communication products such as indoor distribution system, microwave passive components, and 3G/4G base station antennas, embellished antennas and miniaturized antennas, among others.

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