Zhejiang Damon Technology Co (SHSE:688360) Accounts Payable & Accrued Expense : ¥621 Mil (As of Mar. 2024)

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What is Zhejiang Damon Technology Co Accounts Payable & Accrued Expense?

Zhejiang Damon Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥365 Mil) to Dec. 2023 (¥650 Mil) but then declined from Dec. 2023 (¥650 Mil) to Mar. 2024 (¥621 Mil).

Zhejiang Damon Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥394 Mil) to Dec. 2022 (¥395 Mil) and increased from Dec. 2022 (¥395 Mil) to Dec. 2023 (¥650 Mil).

Zhejiang Damon Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Damon 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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Zhejiang Damon Technology Co Accounts Payable & Accrued Expense Chart

Zhejiang Damon Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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210.11

407.05

394.15

395.28

649.54

Zhejiang Damon 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															330.41	374.55	365.49	649.54	620.86

Zhejiang Damon 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.

Zhejiang Damon Technology Co (SHSE:688360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Damon Technology Co Ltd (SHSE:688360) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shangqiang Industrial Zone, Zhejiang Province, Daixi Town, Huzhou, CHN, 313023

Website

http://www.damon-group.com

Zhejiang Damon Technology Co Ltd is a providers of intelligent logistics system solutions and key equipment in China. The company's business is divided into four divisions namely Dynamic storage division; Damon Australia division; Conveying sorting division; and Logistics components division. Its intelligent logistics equipment is widely used in intelligent manufacturing, e-commerce, express logistics, clothing, medicine, tobacco, new retail and other fields.

Executives

Wang Kai	Director
Zhuo Xu	Directors, senior managers
Guo Ai Hua	Directors, senior managers
Wu Zhong Hua	senior management

Zhejiang Damon Technology Co (SHSE:688360) Headlines

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