Hefei Chipmore Technology Co (SHSE:688352) Accounts Payable & Accrued Expense : ¥690 Mil (As of Mar. 2024)

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What is Hefei Chipmore Technology Co Accounts Payable & Accrued Expense?

Hefei Chipmore Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥615 Mil) to Dec. 2023 (¥598 Mil) but then increased from Dec. 2023 (¥598 Mil) to Mar. 2024 (¥690 Mil).

Hefei Chipmore Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥200 Mil) to Dec. 2022 (¥301 Mil) and increased from Dec. 2022 (¥301 Mil) to Dec. 2023 (¥598 Mil).

Hefei Chipmore Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hefei Chipmore 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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Hefei Chipmore Technology Co Accounts Payable & Accrued Expense Chart

Hefei Chipmore Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

216.44

169.89

200.26

301.45

597.85

Hefei Chipmore Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								243.35	245.79	614.91	597.85	689.57

Hefei Chipmore 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.

Hefei Chipmore Technology Co (SHSE:688352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hefei Chipmore Technology Co Ltd (SHSE:688352) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Comprehensive Free Trade Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.chipmore.com.cn

Hefei Chipmore Technology Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It can provide customers with a full range of comprehensive integrated circuit packaging and testing services, covering display driver chips, power management chips, RF front-end chips and other products.

Executives

Wang Xiao Feng

Core technical personnel

Hefei Chipmore Technology Co (SHSE:688352) Headlines

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