Sungrow Power Supply Co (SZSE:300274) Accounts Payable & Accrued Expense : ¥30,090 Mil (As of Mar. 2024)

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What is Sungrow Power Supply Co Accounts Payable & Accrued Expense?

Sungrow Power Supply Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥32,543 Mil) to Dec. 2023 (¥33,865 Mil) but then declined from Dec. 2023 (¥33,865 Mil) to Mar. 2024 (¥30,090 Mil).

Sungrow Power Supply Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥19,155 Mil) to Dec. 2022 (¥28,176 Mil) and increased from Dec. 2022 (¥28,176 Mil) to Dec. 2023 (¥33,865 Mil).

Sungrow Power Supply Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sungrow Power Supply 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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Sungrow Power Supply Co Accounts Payable & Accrued Expense Chart

Sungrow Power Supply Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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9,976.35

12,911.53

19,155.49

28,175.55

33,865.50

Sungrow Power Supply 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															26,897.83	30,080.02	32,542.78	33,865.50	30,089.75

Sungrow Power Supply 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.

Sungrow Power Supply Co (SZSE:300274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sungrow Power Supply Co Ltd (SZSE:300274) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.1699 Xiyou Raod, High-tech Industry Development Zone, Anhui Province, Hefei, CHN, 230088

Website

http://www.sungrowpower.com

China-based Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development each accounted for 39%, 25%, and 29% of revenue in 2022, respectively.

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