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Miracle Automation Engineering Co (SZSE:002009) Accounts Payable & Accrued Expense : ¥1,557 Mil (As of Jun. 2024)


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What is Miracle Automation Engineering Co Accounts Payable & Accrued Expense?

Miracle Automation Engineering Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (¥2,000 Mil) to Mar. 2024 (¥1,763 Mil) and declined from Mar. 2024 (¥1,763 Mil) to Jun. 2024 (¥1,557 Mil).

Miracle Automation Engineering Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,903 Mil) to Dec. 2022 (¥2,244 Mil) but then declined from Dec. 2022 (¥2,244 Mil) to Dec. 2023 (¥2,000 Mil).


Miracle Automation Engineering Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Miracle Automation Engineering 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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Miracle Automation Engineering Co Accounts Payable & Accrued Expense Chart

Miracle Automation Engineering Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,843.01 1,829.76 1,902.65 2,243.77 1,999.88

Miracle Automation Engineering Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,962.34 2,150.53 1,999.88 1,762.56 1,556.60

Miracle Automation Engineering 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.


Miracle Automation Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
No 288 Luojing Road, Luoshe town, Huishan District, Jiangsu Province, Wuxi, CHN
Miracle Automation Engineering Co Ltd is engaged in the design, manufacture, and installation of logistics systems, optical electromechanical integration projects, and a wind power generator in China.
Executives
Li Ming Bo Executives
Zhang Yu Xing Secretary, Director
Shen Xian Feng Executives
Shen Bao Wei Directors, executives
Directors, executives
Chou Xue Qin Executives
Li Feng Bao Supervisors
Bai Kai Jun Director
Yang Lei Directors, executives
Zhang Yuan Xing Supervisors

Miracle Automation Engineering Co Headlines

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