Guangzhou Echom Science & Technology Co (SZSE:002420) Accounts Payable & Accrued Expense : ¥758 Mil (As of Mar. 2024)

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What is Guangzhou Echom Science & Technology Co Accounts Payable & Accrued Expense?

Guangzhou Echom Science & Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥877 Mil) to Dec. 2023 (¥906 Mil) but then declined from Dec. 2023 (¥906 Mil) to Mar. 2024 (¥758 Mil).

Guangzhou Echom Science & Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥926 Mil) to Dec. 2022 (¥878 Mil) but then increased from Dec. 2022 (¥878 Mil) to Dec. 2023 (¥906 Mil).

Guangzhou Echom Science & Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangzhou Echom Science & Technology 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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Guangzhou Echom Science & Technology Co Accounts Payable & Accrued Expense Chart

Guangzhou Echom Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,470.14

1,065.93

926.31

878.17

905.76

Guangzhou Echom Science & Technology 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															711.41	799.04	876.76	905.76	758.43

Guangzhou Echom Science & Technology 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.

Guangzhou Echom Science & Technology Co (SZSE:002420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Echom Science & Technology Co Ltd (SZSE:002420) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 29 Kefeng Road, Science City, Guangdong, Guangzhou, CHN, 510663

Website

http://www.echom.com

Guangzhou Echom Science & Technology Co Ltd is engaged in providing industrial design solutions and industrial design products. The services include design, mold, structure, injection molding, painting, and sheet metal.

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