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Motic (Xiamen) Electric Group Co (SZSE:300341) Accounts Payable & Accrued Expense : ¥417 Mil (As of Mar. 2024)


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What is Motic (Xiamen) Electric Group Co Accounts Payable & Accrued Expense?

Motic (Xiamen) Electric Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥427 Mil) to Dec. 2023 (¥417 Mil) but then increased from Dec. 2023 (¥417 Mil) to Mar. 2024 (¥417 Mil).

Motic (Xiamen) Electric Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥334 Mil) to Dec. 2022 (¥469 Mil) but then declined from Dec. 2022 (¥469 Mil) to Dec. 2023 (¥417 Mil).


Motic (Xiamen) Electric Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Motic (Xiamen) Electric Group 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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Motic (Xiamen) Electric Group Co Accounts Payable & Accrued Expense Chart

Motic (Xiamen) Electric Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 241.96 279.09 334.37 468.89 416.62

Motic (Xiamen) Electric Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 441.70 419.91 427.05 416.62 417.41

Motic (Xiamen) Electric Group 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.


Motic (Xiamen) Electric Group Co (SZSE:300341) Business Description

Traded in Other Exchanges
N/A
Address
808 Fangshan Road, Xiamen Torch Hi-Tech, Industrial Development Zone, Xiamen, Fujian, CHN, 361101
Motic (Xiamen) Electric Group Co Ltd manufactures and supplies insulation components for the electrical transmission and distribution networks and the electrical power industry.
Executives
Chen Zu Long Supervisors
Directors, executives
Zhang Guang Wei Supervisors
Chen Pei Xin Director
Li Zhen Directors, executives
Hu Chun Hua Executives
Wu Fu Ai Executives
Pan Wei Xing Executives

Motic (Xiamen) Electric Group Co (SZSE:300341) Headlines

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