Zhejiang Shuangyuan Technology Co (SHSE:688623) Accounts Payable & Accrued Expense : ¥70.8 Mil (As of Mar. 2024)

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What is Zhejiang Shuangyuan Technology Co Accounts Payable & Accrued Expense?

Zhejiang Shuangyuan Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥88.6 Mil) to Dec. 2023 (¥88.7 Mil) but then declined from Dec. 2023 (¥88.7 Mil) to Mar. 2024 (¥70.8 Mil).

Zhejiang Shuangyuan Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥50.8 Mil) to Dec. 2022 (¥74.4 Mil) and increased from Dec. 2022 (¥74.4 Mil) to Dec. 2023 (¥88.7 Mil).

Zhejiang Shuangyuan Technology Co Accounts Payable & Accrued Expense Historical Data

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

Zhejiang Shuangyuan Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

27.22

51.09

50.84

74.45

88.66

Zhejiang Shuangyuan Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								94.01	101.44	88.62	88.66	70.77

Zhejiang Shuangyuan 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.

Zhejiang Shuangyuan Technology Co (SHSE:688623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Shuangyuan Technology Co Ltd (SHSE:688623) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1418, Moganshan Road, Building 41-2, Zhejiang Shuangyuan Technology Building, Zhejiang Province, Hangzhou, CHN, 310015

Website

http://www.zjusy.com

Zhejiang Shuangyuan Technology Co Ltd is specialized in the research and development of online automatic measurement and control of product quality in the production process and machine vision application technology. The company mainly produces product quality automatic measurement and control systems and machine vision inspection systems, which are widely used in many industries such as new energy, metal foil materials, medical hygiene materials, films, non-woven fabric hygiene materials, papermaking, and food. worldwide.

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