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Suzhou Mingzhi Technology Co (SHSE:688355) Accounts Payable & Accrued Expense : ¥105.5 Mil (As of Jun. 2024)


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

Suzhou Mingzhi Technology Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (¥121.0 Mil) to Mar. 2024 (¥124.1 Mil) but then declined from Mar. 2024 (¥124.1 Mil) to Jun. 2024 (¥105.5 Mil).

Suzhou Mingzhi Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥176.5 Mil) to Dec. 2022 (¥138.7 Mil) and declined from Dec. 2022 (¥138.7 Mil) to Dec. 2023 (¥121.0 Mil).


Suzhou Mingzhi Technology Co Accounts Payable & Accrued Expense Historical Data

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

Suzhou Mingzhi Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 118.65 133.40 176.55 138.70 120.97

Suzhou Mingzhi Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 127.73 118.95 120.97 124.09 105.50

Suzhou Mingzhi 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 Mingzhi Technology Co Business Description

Traded in Other Exchanges
N/A
Address
1999 Tongxiao West Road,, Tongli Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215216
Suzhou Mingzhi Technology Co Ltd is engaged in the research and development and manufacturing of casting products.
Executives
Xia Zhi Yuan Core technical personnel
Gu Hai Bing Core technical personnel
Wang Yu Ping Core technical personnel
Li Jia Core technical personnel
Xu Lei Lei Core technical personnel
Lu Gao Chun Core technical personnel

Suzhou Mingzhi Technology Co Headlines

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