Leader Harmonious Drive Systems Co (SHSE:688017) Accounts Payable & Accrued Expense : ¥105.8 Mil (As of Mar. 2025)

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What is Leader Harmonious Drive Systems Co Accounts Payable & Accrued Expense?

Leader Harmonious Drive Systems Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥88.8 Mil) to Dec. 2024 (¥87.2 Mil) but then increased from Dec. 2024 (¥87.2 Mil) to Mar. 2025 (¥105.8 Mil).

Leader Harmonious Drive Systems Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥85.9 Mil) to Dec. 2023 (¥62.9 Mil) but then increased from Dec. 2023 (¥62.9 Mil) to Dec. 2024 (¥87.2 Mil).

Leader Harmonious Drive Systems Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Leader Harmonious Drive Systems 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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Leader Harmonious Drive Systems Co Accounts Payable & Accrued Expense Chart

Leader Harmonious Drive Systems Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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71.97

149.46

85.90

62.92

87.22

Leader Harmonious Drive Systems 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															65.46	58.06	88.76	87.22	105.79

Leader Harmonious Drive Systems 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.

Leader Harmonious Drive Systems Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Leader Harmonious Drive Systems Co Ltd (SHSE:688017) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, Muxu West Road, Mudu Town, Wuzhong District, Jiangsu Province, Suzhou, CHN, 215101

Website

http://www.leaderdrive.com

Leader Harmonious Drive Systems Co Ltd is engaged in design, production and sales of precision transmission devices. The company's products include harmonic reducers, mechatronics actuators and precision parts. Its products are widely used in high-end manufacturing fields such as industrial robots, service robots, CNC machine tools, aerospace, medical equipment, semiconductor production equipment, and new energy equipment.

Executives

Li Qian	Director
Zuo Yu Yu	Director
Zuo Jing	Director

Leader Harmonious Drive Systems Co Headlines

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