Shanghai New Centurion Network Information Technology Co (SHSE:605398) Accounts Payable & Accrued Expense : ¥117.9 Mil (As of Mar. 2024)

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What is Shanghai New Centurion Network Information Technology Co Accounts Payable & Accrued Expense?

Shanghai New Centurion Network Information Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥149.4 Mil) to Dec. 2023 (¥184.1 Mil) but then declined from Dec. 2023 (¥184.1 Mil) to Mar. 2024 (¥117.9 Mil).

Shanghai New Centurion Network Information Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥220.9 Mil) to Dec. 2022 (¥191.4 Mil) and declined from Dec. 2022 (¥191.4 Mil) to Dec. 2023 (¥184.1 Mil).

Shanghai New Centurion Network Information Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai New Centurion Network Information 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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Shanghai New Centurion Network Information Technology Co Accounts Payable & Accrued Expense Chart

Shanghai New Centurion Network Information Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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155.40

192.78

220.94

191.41

184.14

Shanghai New Centurion Network Information Technology Co Quarterly Data
	Dec18	Jun19	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															134.95	153.22	149.35	184.14	117.91

Shanghai New Centurion Network Information 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.

Shanghai New Centurion Network Information Technology Co (SHSE:605398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai New Centurion Network Information Technology Co Ltd (SHSE:605398) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 588, Lane 7548, Waiqingsong Road, Room 113, Area R, 1st Floor, Building 1, Qingpu District, Shanghai, CHN, 201701

Website

http://www.shsnc.com

Shanghai New Centurion Network Information Technology Co Ltd is a information technology system software service provider. It focuses on third-party operation and maintenance services and operation and maintenance products for IT data centers.

Executives

Sun Zheng Yang	Director
Sun Zheng Han	Director
Shi Hui	Director
Li Hao Jiang	Director
Cheng Yong Xin	Director
Sun Xing Yan	Director

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