Suzhou Iron Technology Co (SHSE:688329) Accounts Payable & Accrued Expense : ¥187.8 Mil (As of Mar. 2024)

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What is Suzhou Iron Technology Co Accounts Payable & Accrued Expense?

Suzhou Iron Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥211.4 Mil) to Dec. 2023 (¥210.0 Mil) and declined from Dec. 2023 (¥210.0 Mil) to Mar. 2024 (¥187.8 Mil).

Suzhou Iron Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥192.8 Mil) to Dec. 2022 (¥220.6 Mil) but then declined from Dec. 2022 (¥220.6 Mil) to Dec. 2023 (¥210.0 Mil).

Suzhou Iron Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suzhou Iron 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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Suzhou Iron Technology Co Accounts Payable & Accrued Expense Chart

Suzhou Iron Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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94.95

155.94

192.78

220.60

209.97

Suzhou Iron Technology Co Quarterly Data
	Mar19	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															198.69	226.77	211.37	209.97	187.76

Suzhou Iron 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.

Suzhou Iron Technology Co (SHSE:688329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Suzhou Iron Technology Co Ltd (SHSE:688329) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Xinfa Road, Suzhou Industrial Park, Suzhou Area, Jiangsu Pilot Free Trade Zone, Suzhou, CHN, 215002

Website

http://www.iron-tech.cn

Suzhou Iron Technology Co Ltd provide overall solutions for the intelligent management of medical supplies for medical service institutions at all levels. The products mainly include coverage Intelligent management equipment and software information platform for medical supplies in three sectors namely smart pharmacy, smart ward, and smart logistics.

Executives

Li Zhao	senior management
Dong Qiu Ming	Supervisors

Suzhou Iron Technology Co (SHSE:688329) Headlines

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