Shanghai Supezet Engineering Technology (SHSE:688121) Accounts Payable & Accrued Expense : ¥2,032 Mil (As of Mar. 2024)

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What is Shanghai Supezet Engineering Technology Accounts Payable & Accrued Expense?

Shanghai Supezet Engineering Technology's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,201 Mil) to Dec. 2023 (¥2,000 Mil) but then increased from Dec. 2023 (¥2,000 Mil) to Mar. 2024 (¥2,032 Mil).

Shanghai Supezet Engineering Technology's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,990 Mil) to Dec. 2022 (¥2,396 Mil) but then declined from Dec. 2022 (¥2,396 Mil) to Dec. 2023 (¥2,000 Mil).

Shanghai Supezet Engineering Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Supezet Engineering Technology'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 Supezet Engineering Technology Accounts Payable & Accrued Expense Chart

Shanghai Supezet Engineering Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,195.25

1,920.66

1,989.91

2,395.97

2,000.07

Shanghai Supezet Engineering Technology 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															2,367.36	2,334.00	2,200.86	2,000.07	2,031.95

Shanghai Supezet Engineering Technology 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 Supezet Engineering Technology (SHSE:688121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Supezet Engineering Technology Corp Ltd (SHSE:688121) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

No. 3, Lane 268, Linxin Road, 6th Floor, Changning District, Shanghai, CHN, 200335

Website

http://www.supezet.com

Shanghai Supezet Engineering Technology Corp Ltd is engaged in providing design, manufacturing, installation and service for customers in petrochemical, oil refining, natural gas chemical and other fields.

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