Yangtze Optical Electronic Co (SHSE:688143) Accounts Payable & Accrued Expense : ¥126.5 Mil (As of Sep. 2024)

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What is Yangtze Optical Electronic Co Accounts Payable & Accrued Expense?

Yangtze Optical Electronic Co's quarterly accounts payable & accrued expense increased from Mar. 2024 (¥67.8 Mil) to Jun. 2024 (¥100.1 Mil) and increased from Jun. 2024 (¥100.1 Mil) to Sep. 2024 (¥126.5 Mil).

Yangtze Optical Electronic Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥60.7 Mil) to Dec. 2022 (¥95.4 Mil) but then declined from Dec. 2022 (¥95.4 Mil) to Dec. 2023 (¥91.6 Mil).

Yangtze Optical Electronic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yangtze Optical Electronic 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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Yangtze Optical Electronic Co Accounts Payable & Accrued Expense Chart

Yangtze Optical Electronic Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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36.34

39.38

60.68

95.42

91.62

Yangtze Optical Electronic Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												65.90	91.62	67.79	100.14	126.49

Yangtze Optical Electronic 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.

Yangtze Optical Electronic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yangtze Optical Electronic Co Ltd (SHSE:688143) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 80, Gaoxin 5th Road, East Lake Development Zone, Hubei Province, Wuhan, CHN, 430205

Website

https://www.yoec.com.cn

Yangtze Optical Electronic Co Ltd is engaged in the research and development, production and sales of products in five major fields including special optical fiber and cable, special optical devices, new materials, high-end equipment and optoelectronic systems, and provides customers with measurement calibration and testing services for optoelectronic first-level metering stations.

Executives

Kuang Guang Hua	Directors, senior managers
Cao Wen Ming	Directors, senior managers
Pi Ya Bin	Directors, senior managers
Lian Zheng Gang	Director
Guo Miao	Director

Yangtze Optical Electronic Co Headlines

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