Wafer Works (Shanghai) Co (SHSE:688584) Accounts Payable & Accrued Expense : ¥93 Mil (As of Mar. 2024)

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What is Wafer Works (Shanghai) Co Accounts Payable & Accrued Expense?

Wafer Works (Shanghai) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥123 Mil) to Dec. 2023 (¥106 Mil) and declined from Dec. 2023 (¥106 Mil) to Mar. 2024 (¥93 Mil).

Wafer Works (Shanghai) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥223 Mil) to Dec. 2022 (¥211 Mil) and declined from Dec. 2022 (¥211 Mil) to Dec. 2023 (¥106 Mil).

Wafer Works (Shanghai) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wafer Works (Shanghai) 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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Wafer Works (Shanghai) Co Accounts Payable & Accrued Expense Chart

Wafer Works (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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188.21

239.27

223.14

211.34

106.39

Wafer Works (Shanghai) Co Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									-	217.58	122.91	106.39	93.05

Wafer Works (Shanghai) 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.

Wafer Works (Shanghai) Co (SHSE:688584) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Wafer Works (Shanghai) Co Ltd (SHSE:688584) » Definitions » Accounts Payable & Accrued Expense

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Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.

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