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Luster LightTech Co (SHSE:688400) Accounts Payable & Accrued Expense : ¥519 Mil (As of Jun. 2024)


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What is Luster LightTech Co Accounts Payable & Accrued Expense?

Luster LightTech Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (¥711 Mil) to Mar. 2024 (¥570 Mil) and declined from Mar. 2024 (¥570 Mil) to Jun. 2024 (¥519 Mil).

Luster LightTech Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥507 Mil) to Dec. 2022 (¥726 Mil) but then declined from Dec. 2022 (¥726 Mil) to Dec. 2023 (¥711 Mil).

Luster LightTech Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luster LightTech 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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Luster LightTech Co Accounts Payable & Accrued Expense Chart

Luster LightTech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 353.39 473.05 507.31 725.83 711.39

Luster LightTech Co Quarterly Data
Dec18 Dec19 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 637.28 629.85 711.39 569.78 518.84

Luster LightTech 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.

Luster LightTech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster LightTech Co Ltd (SHSE:688400) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094
Website
https://www.lusterinc.com
Luster LightTech Co Ltd is based on optical technology innovation, develops business around machine vision and fiber optics, and is committed to becoming a global leader in the field of visual artificial intelligence and optoelectronic information.
Executives
Yin Yong Qiang senior management
Wang Wen Tao Directors, senior managers

Luster LightTech Co Headlines

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