Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Accounts Payable & Accrued Expense : ¥754 Mil (As of Mar. 2024)

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What is Solax Power Network Technology (Zhejiang) Co Accounts Payable & Accrued Expense?

Solax Power Network Technology (Zhejiang) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥766 Mil) to Dec. 2023 (¥608 Mil) but then increased from Dec. 2023 (¥608 Mil) to Mar. 2024 (¥754 Mil).

Solax Power Network Technology (Zhejiang) Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥0 Mil) to Dec. 2022 (¥1,570 Mil) but then declined from Dec. 2022 (¥1,570 Mil) to Dec. 2023 (¥608 Mil).

Solax Power Network Technology (Zhejiang) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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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Solax Power Network Technology (Zhejiang) Co Accounts Payable & Accrued Expense Chart

Solax Power Network Technology (Zhejiang) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

224.85

140.16

1,569.66

607.99

Solax Power Network Technology (Zhejiang) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							-	1,268.01	765.90	607.99	753.75

Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solax Power Network Technology (Zhejiang) Co Ltd (SHSE:688717) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063

Website

https://www.solaxpower.com.cn

Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Headlines

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