Suzhou Hengmingda Electronic Technology Co (SZSE:002947) Accounts Payable & Accrued Expense : ¥451 Mil (As of Mar. 2024)

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What is Suzhou Hengmingda Electronic Technology Co Accounts Payable & Accrued Expense?

Suzhou Hengmingda Electronic Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥635 Mil) to Dec. 2023 (¥541 Mil) and declined from Dec. 2023 (¥541 Mil) to Mar. 2024 (¥451 Mil).

Suzhou Hengmingda Electronic Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥451 Mil) to Dec. 2022 (¥536 Mil) and increased from Dec. 2022 (¥536 Mil) to Dec. 2023 (¥541 Mil).

Suzhou Hengmingda Electronic Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suzhou Hengmingda Electronic 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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Suzhou Hengmingda Electronic Technology Co Accounts Payable & Accrued Expense Chart

Suzhou Hengmingda Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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136.75

374.73

451.17

536.13

541.34

Suzhou Hengmingda Electronic 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															331.84	321.05	635.15	541.34	450.65

Suzhou Hengmingda Electronic 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.

Suzhou Hengmingda Electronic Technology Co (SZSE:002947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou Hengmingda Electronic Technology Co Ltd (SZSE:002947) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1568 Shipai Taki Road, Bacheng Town, Jiangsu Province, Kunshan City, CHN, 215312

Website

http://www.hengmingda.com

Suzhou Hengmingda Electronic Technology Co Ltd is a technology company. The company is engaged in the design, development, production and sales of consumer electronic functional devices. The products have been widely used in consumer electronics and components such as mobile phones, tablet computers, notebook computers, smart wearable devices.

Executives

Jing Shi Ping	Director
Jing Jing Ping	Secretary, Director
Jing Jiang	Executives
Qi Jun	Directors, executives
Xia Chen	Executives
Zhu Xiao Hua	Director
Wu Zhi Xing	Executives
Jing Tian Ping	Directors, executives

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