Venustech Group (SZSE:002439) Accounts Payable & Accrued Expense : ¥2,162 Mil (As of Mar. 2024)

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What is Venustech Group Accounts Payable & Accrued Expense?

Venustech Group's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,904 Mil) to Dec. 2023 (¥2,321 Mil) but then declined from Dec. 2023 (¥2,321 Mil) to Mar. 2024 (¥2,162 Mil).

Venustech Group's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,748 Mil) to Dec. 2022 (¥2,236 Mil) and increased from Dec. 2022 (¥2,236 Mil) to Dec. 2023 (¥2,321 Mil).

Venustech Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Venustech Group'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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Venustech Group Accounts Payable & Accrued Expense Chart

Venustech Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,403.61

2,003.00

1,747.84

2,235.92

2,320.72

Venustech Group 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															2,030.26	1,746.99	1,903.62	2,320.72	2,162.08

Venustech Group 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.

Venustech Group (SZSE:002439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Venustech Group Inc (SZSE:002439) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.8 Northeast Wangxi Road, 1st Floor, Qimingxing Building, Building 21, Zhongguancun Software Park, Haidian District, Beijing, CHN

Website

http://www.venustech.com.cn

Venustech Group Inc is a provider of network security products, trusted security management platform, as well as specialized security services and solutions in China.

Executives

Qi Jian	Director
Wang Jia	Directors, executives
Zhang Yuan	Directors, executives
Yan Li	Directors, executives
Liu Ke Quan	Directors, executives
Xie Qi Zhi	Supervisors
Pan Zhong Yu	Directors, executives
Zhong Dan	Securities Affairs Representative
Liu Xing Chi	Supervisors
Qiu Wei	Executives

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