Shenzhen SEICHI Technologies Co (SHSE:688627) Accounts Payable & Accrued Expense : ¥216.4 Mil (As of Mar. 2024)

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What is Shenzhen SEICHI Technologies Co Accounts Payable & Accrued Expense?

Shenzhen SEICHI Technologies Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥263.8 Mil) to Dec. 2023 (¥237.1 Mil) and declined from Dec. 2023 (¥237.1 Mil) to Mar. 2024 (¥216.4 Mil).

Shenzhen SEICHI Technologies Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥152.4 Mil) to Dec. 2022 (¥259.4 Mil) but then declined from Dec. 2022 (¥259.4 Mil) to Dec. 2023 (¥237.1 Mil).

Shenzhen SEICHI Technologies Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen SEICHI Technologies 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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Shenzhen SEICHI Technologies Co Accounts Payable & Accrued Expense Chart

Shenzhen SEICHI Technologies Co Annual Data

Trend

Dec13

Dec14

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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40.99

187.06

152.45

259.42

237.12

Shenzhen SEICHI Technologies Co Quarterly Data
	Dec13	Dec14	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										254.26	226.91	263.85	237.12	216.36

Shenzhen SEICHI Technologies 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.

Shenzhen SEICHI Technologies Co (SHSE:688627) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen SEICHI Technologies Co Ltd (SHSE:688627) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Longhua Street, East of 1st Floor, Building D, 101 Industrial Park, No. 1 Fuanna Company, Qinghu Village, Longhua, Qinghu, Guangdong, Shenzhen, CHN, 518110

Website

http://www.seichitech.com

Shenzhen SEICHI Technologies Co Ltd is a provider of testing equipment and system solution. It is mainly engaged in research, development, production and sales of new display device testing equipment. Detection and calibration repair, and gradually extended to the field of semiconductor storage device testing equipment, related products are used in wafer testing, packaging testing and aging repair of semiconductor storage devices represented by DRAM.

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