SNPTF (Sunny Optical Technology (Group) Co) Accounts Payable & Accrued Expense : $2,738 Mil (As of Dec. 2024)

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What is Sunny Optical Technology (Group) Co Accounts Payable & Accrued Expense?

Sunny Optical Technology (Group) Co's quarterly accounts payable & accrued expense declined from Dec. 2023 ($2,719 Mil) to Jun. 2024 ($2,281 Mil) but then increased from Jun. 2024 ($2,281 Mil) to Dec. 2024 ($2,738 Mil).

Sunny Optical Technology (Group) Co's annual accounts payable & accrued expense increased from Dec. 2022 ($1,695 Mil) to Dec. 2023 ($2,719 Mil) and increased from Dec. 2023 ($2,719 Mil) to Dec. 2024 ($2,738 Mil).

Sunny Optical Technology (Group) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sunny Optical Technology (Group) 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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Sunny Optical Technology (Group) Co Accounts Payable & Accrued Expense Chart

Sunny Optical Technology (Group) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1,567.50

1,434.68

1,695.09

2,719.37

2,738.06

Sunny Optical Technology (Group) Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,695.09	2,297.99	2,719.37	2,281.43	2,738.06

Sunny Optical Technology (Group) 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.

Sunny Optical Technology (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunny Optical Technology (Group) Co Ltd (OTCPK:SNPTF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SOTGY:USA 02382:Hong Kong 0Z4I:UK SXC:Germany SXC:Germany

Address

No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400

Website

https://www.sunnyoptical.com

Headquartered in Yuyao, China, Sunny Optical is one of China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of extended-reality devices and vehicle camera demand, as advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 33,8844 people as of Dec. 31, 2024.

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