Wecome Intelligent Manufacturing Co (SHSE:603070) Accounts Payable & Accrued Expense : ¥650 Mil (As of Mar. 2024)

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What is Wecome Intelligent Manufacturing Co Accounts Payable & Accrued Expense?

Wecome Intelligent Manufacturing Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥800 Mil) to Dec. 2023 (¥791 Mil) and declined from Dec. 2023 (¥791 Mil) to Mar. 2024 (¥650 Mil).

Wecome Intelligent Manufacturing Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥536 Mil) to Dec. 2022 (¥576 Mil) and increased from Dec. 2022 (¥576 Mil) to Dec. 2023 (¥791 Mil).

Wecome Intelligent Manufacturing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wecome Intelligent Manufacturing 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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Wecome Intelligent Manufacturing Co Accounts Payable & Accrued Expense Chart

Wecome Intelligent Manufacturing Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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324.80

406.57

535.58

575.62

791.27

Wecome Intelligent Manufacturing Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											530.87	694.08	799.96	791.27	649.66

Wecome Intelligent Manufacturing 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.

Wecome Intelligent Manufacturing Co (SHSE:603070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wecome Intelligent Manufacturing Co Ltd (SHSE:603070) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Wenzhou Bridge Industrial Park, Wankong Intelligent Manufacturing Building, Beibaixiang Town, Zhejiang Province, Yueqing, CHN, 325600

Website

http://www.wecome.com.cn

Wecome Intelligent Manufacturing Co Ltd is engaged in the research and development, production and sales of distribution switch control equipment.

Executives

Hu Jie Mei	senior management
Zheng Jian Feng	senior management

Wecome Intelligent Manufacturing Co (SHSE:603070) Headlines

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