SEC Electric Machinery Co (SHSE:603988) Accounts Payable & Accrued Expense : ¥356.3 Mil (As of Mar. 2025)

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What is SEC Electric Machinery Co Accounts Payable & Accrued Expense?

SEC Electric Machinery Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥315.5 Mil) to Dec. 2024 (¥353.0 Mil) and increased from Dec. 2024 (¥353.0 Mil) to Mar. 2025 (¥356.3 Mil).

SEC Electric Machinery Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥411.1 Mil) to Dec. 2023 (¥326.8 Mil) but then increased from Dec. 2023 (¥326.8 Mil) to Dec. 2024 (¥353.0 Mil).

SEC Electric Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for SEC Electric Machinery 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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SEC Electric Machinery Co Accounts Payable & Accrued Expense Chart

SEC Electric Machinery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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357.54

464.63

411.13

326.75

352.95

SEC Electric Machinery Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															288.51	320.31	315.48	352.95	356.30

SEC Electric Machinery 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.

SEC Electric Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SEC Electric Machinery Co Ltd (SHSE:603988) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 777 East Gaolang Road, Binhu District, Jiangsu Provice, Wuxi, CHN

Website

http://www.sec-motor.com

SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motors, short-circuit generators, and turbo generators. The company caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting,g, and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.

Executives

Wang Jian Yu	Director
Wang Jian Kai	Director

SEC Electric Machinery Co Headlines

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