Shanghai Morn Electric Equipment Co (SZSE:002451) Accounts Payable & Accrued Expense : ¥97 Mil (As of Mar. 2024)

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What is Shanghai Morn Electric Equipment Co Accounts Payable & Accrued Expense?

Shanghai Morn Electric Equipment Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥92 Mil) to Dec. 2023 (¥98 Mil) but then declined from Dec. 2023 (¥98 Mil) to Mar. 2024 (¥97 Mil).

Shanghai Morn Electric Equipment Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥140 Mil) to Dec. 2022 (¥104 Mil) and declined from Dec. 2022 (¥104 Mil) to Dec. 2023 (¥98 Mil).

Shanghai Morn Electric Equipment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Morn Electric Equipment 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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Shanghai Morn Electric Equipment Co Accounts Payable & Accrued Expense Chart

Shanghai Morn Electric Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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59.86

158.13

139.69

104.41

98.36

Shanghai Morn Electric Equipment 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															134.05	155.78	92.13	98.36	97.44

Shanghai Morn Electric Equipment 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.

Shanghai Morn Electric Equipment Co (SZSE:002451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Morn Electric Equipment Co Ltd (SZSE:002451) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.2829 Jiangshan Road, Pudong New Area, Shanghai, CHN, 201306

Website

http://www.mornelectric.com

Shanghai Morn Electric Equipment Co Ltd is engaged in the manufacture, development and sale of wire, cable and related accessories in China. The company also offers technical consulting and services for its products. Its products include Multi URD cable, Single URD cable, DLO cable, SOOW flexible cable, SJOOW flexible cable, SO flexible cable, SJ flexible cable, among others.

Executives

Zhu Jie	Supervisors
Wen Ze Xin	Directors, executives
Ye Zhen	Executives
Zhu Zhi Ying	Director
Dai Ren Min	Supervisors
Chen Yin	Executives
Wang Yong Wei	Directors, executives
Wang Qing	Director
Wen Ze Hong	Directors, executives
Chen De Bin	Executives

Shanghai Morn Electric Equipment Co (SZSE:002451) Headlines

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