Shenzhen Injoinic Technology Co (SHSE:688209) Accounts Payable & Accrued Expense : ¥91 Mil (As of Mar. 2024)

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

Shenzhen Injoinic Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥122 Mil) to Dec. 2023 (¥118 Mil) and declined from Dec. 2023 (¥118 Mil) to Mar. 2024 (¥91 Mil).

Shenzhen Injoinic Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥110 Mil) to Dec. 2022 (¥83 Mil) but then increased from Dec. 2022 (¥83 Mil) to Dec. 2023 (¥118 Mil).

Shenzhen Injoinic Technology Co Accounts Payable & Accrued Expense Historical Data

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

Shenzhen Injoinic Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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49.76

40.09

109.64

83.47

117.93

Shenzhen Injoinic Technology Co Quarterly Data
	Dec18	Dec19	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												61.73	76.84	121.52	117.93	90.56

Shenzhen Injoinic 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 Injoinic Technology Co (SHSE:688209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Injoinic Technology Co Ltd (SHSE:688209) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Xili Community, Xili Street, Shenzhen International Innovation Valley, R&D room 3104, Block A, Building 8,, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.injoinic.com

Shenzhen Injoinic Technology Co Ltd is engaged in the research and development and sales of power management chips and fast charging protocol chips.

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