Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Accounts Payable & Accrued Expense : ¥349.4 Mil (As of Mar. 2024)

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What is Circuit Fabology Microelectronics Equipment Co Accounts Payable & Accrued Expense?

Circuit Fabology Microelectronics Equipment Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥264.6 Mil) to Dec. 2023 (¥315.5 Mil) and increased from Dec. 2023 (¥315.5 Mil) to Mar. 2024 (¥349.4 Mil).

Circuit Fabology Microelectronics Equipment Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥223.6 Mil) to Dec. 2022 (¥355.1 Mil) but then declined from Dec. 2022 (¥355.1 Mil) to Dec. 2023 (¥315.5 Mil).

Circuit Fabology Microelectronics Equipment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Circuit Fabology Microelectronics Equipment 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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Circuit Fabology Microelectronics Equipment Co Accounts Payable & Accrued Expense Chart

Circuit Fabology Microelectronics Equipment Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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90.28

123.98

223.58

355.09

315.50

Circuit Fabology Microelectronics Equipment Co Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															301.80	251.96	264.62	315.50	349.45

Circuit Fabology Microelectronics Equipment 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.

Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Circuit Fabology Microelectronics Equipment Co Ltd (SHSE:688630) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2800 Chuangxin Avenue, Phase II, Innovation Industrial Park, 11th Floor, Building F3, High-tech Zone, Anhui Province, Hefei, CHN, 230088

Website

http://www.cfmee.cn

Circuit Fabology Microelectronics Equipment Co Ltd specializes in micro-nano direct writing, research and development and production of direct imaging equipment and direct-write lithography equipment with lithography as the core technology. The main products and services include printed circuit board direct imaging equipment and automatic line systems, pan-semiconductor direct writing lithography equipment and automatic line systems, and other laser direct imaging equipment.

Executives

He Shao Feng	Core technical personnel
Fang Lin	Directors, senior managers, core technical personn

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