Shanghai New Vision Microelectronics Co (SHSE:688593) Accounts Payable & Accrued Expense : ¥193.8 Mil (As of Mar. 2025)

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What is Shanghai New Vision Microelectronics Co Accounts Payable & Accrued Expense?

Shanghai New Vision Microelectronics Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥200.5 Mil) to Dec. 2024 (¥169.6 Mil) but then increased from Dec. 2024 (¥169.6 Mil) to Mar. 2025 (¥193.8 Mil).

Shanghai New Vision Microelectronics Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥60.7 Mil) to Dec. 2023 (¥123.8 Mil) and increased from Dec. 2023 (¥123.8 Mil) to Dec. 2024 (¥169.6 Mil).

Shanghai New Vision Microelectronics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai New Vision Microelectronics 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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Shanghai New Vision Microelectronics Co Accounts Payable & Accrued Expense Chart

Shanghai New Vision Microelectronics Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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141.03

86.70

60.72

123.78

169.62

Shanghai New Vision Microelectronics Co Quarterly Data
	Dec19	Dec20	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												111.62	144.90	200.46	169.62	193.83

Shanghai New Vision Microelectronics 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.

Shanghai New Vision Microelectronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shanghai New Vision Microelectronics Co Ltd (SHSE:688593) » Definitions » Accounts Payable & Accrued Expense

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Address

No. 680, Guiping Road, 7th Floor, Building 31, Xuhui District, Shanghai, CHN, 200233

Website

http://www.newvisionu.com.cn

Shanghai New Vision Microelectronics Co Ltd is engaged in research & Development, design and sales of display chips. The company is committed to providing new display IC products and system solutions. It has formed nearly a hundred new display IC and power supply IC products covering smart wearables, mobile phones, tablets, monitors, notebooks, TVs, Etc., and has long committed to TFT-LCD, AMOLED display driver chips, and power management chips.

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