Macmic Science & Technology Co (SHSE:688711) Accounts Payable & Accrued Expense : ¥380 Mil (As of Mar. 2024)

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What is Macmic Science & Technology Co Accounts Payable & Accrued Expense?

Macmic Science & Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥493 Mil) to Dec. 2023 (¥507 Mil) but then declined from Dec. 2023 (¥507 Mil) to Mar. 2024 (¥380 Mil).

Macmic Science & Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥238 Mil) to Dec. 2022 (¥314 Mil) and increased from Dec. 2022 (¥314 Mil) to Dec. 2023 (¥507 Mil).

Macmic Science & Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Macmic Science & 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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Macmic Science & Technology Co Accounts Payable & Accrued Expense Chart

Macmic Science & Technology Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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81.94

116.36

237.81

313.73

506.97

Macmic Science & Technology Co Quarterly Data
	Dec18	Jun19	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															399.45	409.82	492.97	506.97	380.34

Macmic Science & 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.

Macmic Science & Technology Co (SHSE:688711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Macmic Science & Technology Co Ltd (SHSE:688711) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Huashan Middle Road,, Jiangsu Province, Changzhou, CHN, 213022

Website

http://www.macmicst.com

Macmic Science & Technology Co Ltd is engaged in the design, research and development, production and sales of power semiconductor chips, single tubes, modules and power modules based on IGBT and FRED.

Executives

Yu Yi Zhang	Core technical personnel
Xu Chun Feng	senior management
Li Si Ping	Director
Chang Dong Lai	senior management
Ding Zi Wen	Directors, senior managers
Liu Li Feng	Directors, senior managers
Wang Xiao Bao	Senior management, core technical personnel

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