Shanghai W-Ibeda High Tech Group Co (SHSE:688071) Accounts Payable & Accrued Expense : ¥158.3 Mil (As of Mar. 2024)

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What is Shanghai W-Ibeda High Tech Group Co Accounts Payable & Accrued Expense?

Shanghai W-Ibeda High Tech Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥152.9 Mil) to Dec. 2023 (¥136.8 Mil) but then increased from Dec. 2023 (¥136.8 Mil) to Mar. 2024 (¥158.3 Mil).

Shanghai W-Ibeda High Tech Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥104.7 Mil) to Dec. 2022 (¥120.8 Mil) and increased from Dec. 2022 (¥120.8 Mil) to Dec. 2023 (¥136.8 Mil).

Shanghai W-Ibeda High Tech Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai W-Ibeda High Tech Group 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 W-Ibeda High Tech Group Co Accounts Payable & Accrued Expense Chart

Shanghai W-Ibeda High Tech Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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91.45

123.50

104.72

120.83

136.80

Shanghai W-Ibeda High Tech Group Co Quarterly Data
	Dec17	Dec18	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															120.29	114.21	152.86	136.80	158.33

Shanghai W-Ibeda High Tech Group 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 W-Ibeda High Tech Group Co (SHSE:688071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai W-Ibeda High Tech Group Co Ltd (SHSE:688071) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 400 Fangchun Road, Room 301-206, 3rd Floor, Building 1, Pilot Free Trade Zone, Shanghai, CHN, 201202

Website

http://www.w-ibeda.com

Shanghai W-Ibeda High Tech Group Co Ltd is engaged in the research and development, design, manufacturing, sales and provision of related testing services for intelligent test equipment for automotive powertrains.

Executives

Wang Yu	Core technical personnel
Pan Min	Director
Zhang Jie Ping	Core technical personnel
	Core technical personnel

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