Accelink Technologies Co (SZSE:002281) Accounts Payable & Accrued Expense : ¥2,780 Mil (As of Mar. 2024)

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What is Accelink Technologies Co Accounts Payable & Accrued Expense?

Accelink Technologies Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,659 Mil) to Dec. 2023 (¥2,679 Mil) and increased from Dec. 2023 (¥2,679 Mil) to Mar. 2024 (¥2,780 Mil).

Accelink Technologies Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,859 Mil) to Dec. 2022 (¥2,891 Mil) but then declined from Dec. 2022 (¥2,891 Mil) to Dec. 2023 (¥2,679 Mil).

Accelink Technologies Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Accelink Technologies 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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Accelink Technologies Co Accounts Payable & Accrued Expense Chart

Accelink Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,324.09

3,000.89

2,858.71

2,890.83

2,678.81

Accelink Technologies 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															2,847.26	2,769.40	2,659.31	2,678.81	2,780.18

Accelink Technologies 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.

Accelink Technologies Co (SZSE:002281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Accelink Technologies Co Ltd (SZSE:002281) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1 Tanhu Road, Canglongdao Development Zone, Jiangxia Dist, Wuhan, CHN, 430205

Website

http://www.accelink.com

Accelink Technologies Co Ltd is an optoelectronic device company in China. Its develop optoelectronic devices. Its main products include optical amplifiers, wavelength division multiplexers, optical switches, optical fiber couplers, and optical fiber connectors, among others.

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