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Shenzhen Neoway Technology Co (SHSE:688159) Accounts Payable & Accrued Expense : ¥239 Mil (As of Mar. 2024)


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What is Shenzhen Neoway Technology Co Accounts Payable & Accrued Expense?

Shenzhen Neoway Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥309 Mil) to Dec. 2023 (¥360 Mil) but then declined from Dec. 2023 (¥360 Mil) to Mar. 2024 (¥239 Mil).

Shenzhen Neoway Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥350 Mil) to Dec. 2022 (¥318 Mil) but then increased from Dec. 2022 (¥318 Mil) to Dec. 2023 (¥360 Mil).


Shenzhen Neoway Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Neoway 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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Shenzhen Neoway Technology Co Accounts Payable & Accrued Expense Chart

Shenzhen Neoway Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.04 245.38 349.90 318.15 359.99

Shenzhen Neoway Technology Co Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 265.53 303.16 309.01 359.99 239.08

Shenzhen Neoway 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.


Shenzhen Neoway Technology Co (SHSE:688159) Business Description

Traded in Other Exchanges
N/A
Address
Huarong Road, Dalang Street, 4th Floor, No. 2, Lianjian Industrial Park, Tongsheng Community, Longhua District, Guangdong, Shenzhen, CHN, 518109
Shenzhen Neoway Technology Co Ltd is engaged in production and sales of IoT wireless communication modules, IoT wireless communication terminals and IoT wireless communication solutions. The company provides technical development and sales of electronic products; electronic communication products and communication modules; communication module software and related technical consulting.
Executives
Peng Yan Core technical personnel
Lin Shen Core technical personnel
Shang Jiang Feng Core technical personnel
Xiao Yue Shang Core technical personnel
He Jiang Qiang Supervisors

Shenzhen Neoway Technology Co (SHSE:688159) Headlines

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