Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Accounts Payable & Accrued Expense : ¥1,536 Mil (As of Mar. 2024)

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What is Suzhou Chunqiu Electronic Technology Co Accounts Payable & Accrued Expense?

Suzhou Chunqiu Electronic Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,221 Mil) to Dec. 2023 (¥1,294 Mil) and increased from Dec. 2023 (¥1,294 Mil) to Mar. 2024 (¥1,536 Mil).

Suzhou Chunqiu Electronic Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,317 Mil) to Dec. 2022 (¥1,113 Mil) but then increased from Dec. 2022 (¥1,113 Mil) to Dec. 2023 (¥1,294 Mil).

Suzhou Chunqiu Electronic Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suzhou Chunqiu Electronic 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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Suzhou Chunqiu Electronic Technology Co Accounts Payable & Accrued Expense Chart

Suzhou Chunqiu Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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888.44

1,489.20

1,317.18

1,113.29

1,293.63

Suzhou Chunqiu Electronic 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															1,062.44	1,061.62	1,220.88	1,293.63	1,535.60

Suzhou Chunqiu Electronic 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.

Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Chunqiu Electronic Technology Co Ltd (SHSE:603890) » Definitions » Accounts Payable & Accrued Expense

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Address

278 Feng Road, Zhangpu Town, Kunshan City, CHN, 215300

Website

http://www.szchunqiu.com

Suzhou Chunqiu Electronic Technology Co Ltd manufactures machine parts and precision mold products. It is engaged in the design, manufacture of plastic and metal parts development. Its customers include Samsung, Lenovo, LG, LinkPoint, among others.

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