Shenzhen Microgate Technology Co (SZSE:300319) Accounts Payable & Accrued Expense : ¥1,362 Mil (As of Mar. 2024)

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What is Shenzhen Microgate Technology Co Accounts Payable & Accrued Expense?

Shenzhen Microgate Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,246 Mil) to Dec. 2023 (¥1,309 Mil) and increased from Dec. 2023 (¥1,309 Mil) to Mar. 2024 (¥1,362 Mil).

Shenzhen Microgate Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,368 Mil) to Dec. 2022 (¥1,236 Mil) but then increased from Dec. 2022 (¥1,236 Mil) to Dec. 2023 (¥1,309 Mil).

Shenzhen Microgate Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Microgate 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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Shenzhen Microgate Technology Co Accounts Payable & Accrued Expense Chart

Shenzhen Microgate Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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626.62

806.11

1,367.82

1,236.04

1,308.92

Shenzhen Microgate 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															1,128.50	1,205.60	1,245.80	1,308.92	1,362.03

Shenzhen Microgate 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.

Shenzhen Microgate Technology Co (SZSE:300319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Microgate Technology Co Ltd (SZSE:300319) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Yuxing Road,GolfStreet, Guanlan Town, Bao'an, Shenzhen, CHN, 518110

Website

http://www.szmicrogate.com

Shenzhen Microgate Technology Co Ltd operates in the multilayer passive component industry. The company develops and manufactures electronic components. Its main products include low temperature co-fired ceramic radio frequency components, chip inductors, electromagnetic interference and electromagnetic compatibility components, power inductors, and the near-field communication antenna. The products are widely used in the digital versatile disc player, mobile phone, personal computer, flat panel display, car carrier and other consumptive products.

Executives

Cheng Hou Bo	Director
Hu Gen Chang	Executives
Zhang Mei Rong	Directors, executives
Jiang Bo	Secretary Dong
Zhang Zhao Qian	Directors, executives
Liang Qi Xin	Executives
Zhong Zhi Hai	Directors, executives
Yi Hai Lan	Supervisors
Liu Qian	Securities Affairs Representative
Li Wen Yan	Director
Ye Wen Xin	Director
Jiang Li Ming	Directors, executives
Zhang Hai En	Director
Li Ming	Director
Zheng Yi Song	Director

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