GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cinderson Tech (Suzhou) Co Ltd (SHSE:603344) » Definitions » Accounts Payable & Accrued Expense

Cinderson Tech (Suzhou) Co (SHSE:603344) Accounts Payable & Accrued Expense : ¥661 Mil (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Cinderson Tech (Suzhou) Co Accounts Payable & Accrued Expense?

Cinderson Tech (Suzhou) Co's quarterly accounts payable & accrued expense increased from Mar. 2024 (¥516 Mil) to Jun. 2024 (¥700 Mil) but then declined from Jun. 2024 (¥700 Mil) to Sep. 2024 (¥661 Mil).

Cinderson Tech (Suzhou) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥521 Mil) to Dec. 2022 (¥383 Mil) but then increased from Dec. 2022 (¥383 Mil) to Dec. 2023 (¥565 Mil).


Cinderson Tech (Suzhou) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cinderson Tech (Suzhou) 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.

* Premium members only.

Cinderson Tech (Suzhou) Co Accounts Payable & Accrued Expense Chart

Cinderson Tech (Suzhou) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
349.35 733.00 520.64 383.49 565.17

Cinderson Tech (Suzhou) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 565.17 516.40 700.08 660.63

Cinderson Tech (Suzhou) 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.


Cinderson Tech (Suzhou) Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Linbu Street, Weiting Street, No. 15, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215100
Cinderson Tech (Suzhou) Co Ltd is engaged in research and development, production and sales of micro motors and related products. Its products are mainly used in the field of cleaning electrical appliances represented by vacuum cleaners, and have been simultaneously developed to other terminal application fields such as power tools and garden tools. Its product category includes DC brushless motor, Ac series motor and Dc brush motor.

Cinderson Tech (Suzhou) Co Headlines

No Headlines