Sansec Technology Co (SHSE:688489) Accounts Payable & Accrued Expense : ¥36.3 Mil (As of Mar. 2024)

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What is Sansec Technology Co Accounts Payable & Accrued Expense?

Sansec Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥69.1 Mil) to Dec. 2023 (¥92.1 Mil) but then declined from Dec. 2023 (¥92.1 Mil) to Mar. 2024 (¥36.3 Mil).

Sansec Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥55.4 Mil) to Dec. 2022 (¥66.6 Mil) and increased from Dec. 2022 (¥66.6 Mil) to Dec. 2023 (¥92.1 Mil).

Sansec Technology Co Accounts Payable & Accrued Expense Historical Data

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

Sansec Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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36.91

46.12

55.43

66.58

92.10

Sansec 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											28.29	108.22	69.09	92.10	36.34

Sansec 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.

Sansec Technology Co (SHSE:688489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sansec Technology Co Ltd (SHSE:688489) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Guangshun North Street, Room 1406, 14th Floor, Building 2, Courtyard 16, Chaoyang District, Beijing, CHN, 100102

Website

http://www.sansec.com.cn

Sansec Technology Co Ltd is engaged in innovation of cryptographic technology and R&D, sales and service of cryptographic products and provides cryptographic products and solutions for the internet information security. The company's products portfolio includes PCIe HSM, Cloud HSM, General purpose HSM, Financial HSM, and Cryptographic Software System. HSMs provide the integrated cryptographic functions for different application scenarios, including financial HSMs, general purpose HSMs, cloud HSMs, KMS and other HSMs. Cryptographic systems include key management system, cryptographic service platform, identity authentication system, cryptographic middleware, etc.

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