Hangzhou Freely Communication Co (SHSE:603602) Accounts Payable & Accrued Expense : ¥422 Mil (As of Mar. 2024)

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What is Hangzhou Freely Communication Co Accounts Payable & Accrued Expense?

Hangzhou Freely Communication Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥458 Mil) to Dec. 2023 (¥524 Mil) but then declined from Dec. 2023 (¥524 Mil) to Mar. 2024 (¥422 Mil).

Hangzhou Freely Communication Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥485 Mil) to Dec. 2022 (¥473 Mil) but then increased from Dec. 2022 (¥473 Mil) to Dec. 2023 (¥524 Mil).

Hangzhou Freely Communication Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hangzhou Freely Communication 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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Hangzhou Freely Communication Co Accounts Payable & Accrued Expense Chart

Hangzhou Freely Communication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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400.36

489.79

485.29

473.01

524.40

Hangzhou Freely Communication 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															441.07	458.38	457.54	524.40	422.39

Hangzhou Freely Communication 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.

Hangzhou Freely Communication Co (SHSE:603602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hangzhou Freely Communication Co Ltd (SHSE:603602) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 459, Momo Road, 24th Floor, Block B, Concentration Center, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310012

Website

http://www.freelynet.com

Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services and network generation services.

Executives

Wu Hai Tao	Director
Wei Shi Chao	Director
Lin Ai Hua	Director
Su Wei Feng	Director
Zhu Jin Long	Director
Pu Shu	Director
Jia Li Ming	Director
Wu Jian Min	Supervisors

Hangzhou Freely Communication Co (SHSE:603602) Headlines

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