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CICT Mobile Communication Technology Co (SHSE:688387) Accounts Payable & Accrued Expense : ¥4,768 Mil (As of Mar. 2024)


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What is CICT Mobile Communication Technology Co Accounts Payable & Accrued Expense?

CICT Mobile Communication Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥5,095 Mil) to Dec. 2023 (¥5,674 Mil) but then declined from Dec. 2023 (¥5,674 Mil) to Mar. 2024 (¥4,768 Mil).

CICT Mobile Communication Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥5,228 Mil) to Dec. 2022 (¥5,730 Mil) but then declined from Dec. 2022 (¥5,730 Mil) to Dec. 2023 (¥5,674 Mil).


CICT Mobile Communication Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for CICT Mobile Communication 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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CICT Mobile Communication Technology Co Accounts Payable & Accrued Expense Chart

CICT Mobile Communication Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 4,831.84 5,523.78 5,227.50 5,729.77 5,673.76

CICT Mobile Communication Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5,310.20 5,293.71 5,095.23 5,673.76 4,767.61

CICT Mobile Communication 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.


CICT Mobile Communication Technology Co (SHSE:688387) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Post University Road, East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430074
CICT Mobile Communication Technology Co Ltd is engaged in the development, application and service of mobile communication technology.
Executives
Li Bing Cheng Director

CICT Mobile Communication Technology Co (SHSE:688387) Headlines

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