Hangzhou Weiguang Electronic Co (SZSE:002801) Accounts Payable & Accrued Expense : ¥240 Mil (As of Mar. 2024)

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What is Hangzhou Weiguang Electronic Co Accounts Payable & Accrued Expense?

Hangzhou Weiguang Electronic Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥184 Mil) to Dec. 2023 (¥270 Mil) but then declined from Dec. 2023 (¥270 Mil) to Mar. 2024 (¥240 Mil).

Hangzhou Weiguang Electronic Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥214 Mil) to Dec. 2022 (¥195 Mil) but then increased from Dec. 2022 (¥195 Mil) to Dec. 2023 (¥270 Mil).

Hangzhou Weiguang Electronic Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hangzhou Weiguang Electronic 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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Hangzhou Weiguang Electronic Co Accounts Payable & Accrued Expense Chart

Hangzhou Weiguang Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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200.32

191.92

214.30

195.21

270.01

Hangzhou Weiguang Electronic 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															169.88	183.34	184.35	270.01	239.72

Hangzhou Weiguang Electronic 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.

Hangzhou Weiguang Electronic Co (SZSE:002801) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Weiguang Electronic Co Ltd (SZSE:002801) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

365 Xingzhong Road, Yuhang Economic Development Zone, Zhejiang, Hangzhou, CHN, 311100

Website

http://www.wgmotor.com

Hangzhou Weiguang Electronic Co Ltd engages in the development, manufacturing, and sale of micro-motor and fans motor used for heating, ventilating, and air conditioning. Its products include electronically commutated motors and controlling motors, axial fans, external rotor motors, centrifugal fans, shaded pole motors, pin terminal motors, plug motors, capacitance motors, air flow, fan blade, grid, and bracket.

Executives

Ni Da Ming

Directors, executives

Hangzhou Weiguang Electronic Co (SZSE:002801) Headlines

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