Montnets Cloud Technology Group Co (SZSE:002123) Accounts Payable & Accrued Expense : ¥635 Mil (As of Mar. 2024)

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What is Montnets Cloud Technology Group Co Accounts Payable & Accrued Expense?

Montnets Cloud Technology Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥563 Mil) to Dec. 2023 (¥569 Mil) and increased from Dec. 2023 (¥569 Mil) to Mar. 2024 (¥635 Mil).

Montnets Cloud Technology Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥544 Mil) to Dec. 2022 (¥529 Mil) but then increased from Dec. 2022 (¥529 Mil) to Dec. 2023 (¥569 Mil).

Montnets Cloud Technology Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Montnets Cloud 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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Montnets Cloud Technology Group Co Accounts Payable & Accrued Expense Chart

Montnets Cloud Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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932.03

938.82

543.90

528.87

569.38

Montnets Cloud Technology Group Co Quarterly Data
	Jun19	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															534.95	557.24	562.94	569.38	634.98

Montnets Cloud 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.

Montnets Cloud Technology Group Co (SZSE:002123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Montnets Cloud Technology Group Co Ltd (SZSE:002123) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

High-tech Middle Road, Longtaili Building, No. 30, Nanshan District, Shenzhen, CHN

Website

https://www.montnets.com

Montnets Cloud Technology Group Co Ltd is a cloud communication service provider in China. The company has constructed four-in-one enterprise cloud communication service ecosystem, namely IM cloud, MVaaS, Terminal cloud, IoT cloud to provide comprehensive cloud communication services for enterprises.

Executives

Tian Fei Chong	Directors, executives
Yu Wen Sheng	Director
Wen Li	Executives
Li Ju Chun	Executives
Jin Yong	Executives
Zhu Wen Wen	Directors, executives
Huang Yong Gang	Directors, executives
Li Ji Wen	Directors, executives
Shi Yong Qi	Supervisors
Zuo Qiang	Directors, executives
Chen Xin	Directors, executives
Zhao Dian Bo	Directors, executives
Wang Dai Yan	Executives
Ma Cheng Jia	Director
Jiao Dong Liang	Executives

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