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Hangzhou Raycloud Technology Co (SHSE:688365) Accounts Payable & Accrued Expense : ¥121.5 Mil (As of Mar. 2025)


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What is Hangzhou Raycloud Technology Co Accounts Payable & Accrued Expense?

Hangzhou Raycloud Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥189.2 Mil) to Dec. 2024 (¥101.4 Mil) but then increased from Dec. 2024 (¥101.4 Mil) to Mar. 2025 (¥121.5 Mil).

Hangzhou Raycloud Technology Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥86.4 Mil) to Dec. 2023 (¥117.6 Mil) but then declined from Dec. 2023 (¥117.6 Mil) to Dec. 2024 (¥101.4 Mil).


Hangzhou Raycloud Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hangzhou Raycloud 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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Hangzhou Raycloud Technology Co Accounts Payable & Accrued Expense Chart

Hangzhou Raycloud Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 55.63 101.94 86.35 117.63 101.37

Hangzhou Raycloud Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 126.06 194.91 189.19 101.37 121.49

Hangzhou Raycloud 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.


Hangzhou Raycloud Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.588 Jiangnan Avenue, 11th Floor, Main Building, Hengxin Building, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310052
Hangzhou Raycloud Technology Co Ltd is an e-commerce software and service technology company. It provides value-added products and services such as SaaS products, supporting hardware, operating services, and CRM SMS for e-commerce merchants based on e-commerce platforms. Its products and services include super manager, courier assistant, wangdian transaction, wangdian data, merchandise, prosperous store promotion, super store manager-cross-border edition, super express, super commodity, super deal and seller network.

Hangzhou Raycloud Technology Co Headlines

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