Hezong Science and Technology Co (SZSE:300477) Accounts Payable & Accrued Expense : ¥2,382 Mil (As of Mar. 2024)

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What is Hezong Science and Technology Co Accounts Payable & Accrued Expense?

Hezong Science and Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,108 Mil) to Dec. 2023 (¥2,811 Mil) but then declined from Dec. 2023 (¥2,811 Mil) to Mar. 2024 (¥2,382 Mil).

Hezong Science and Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,739 Mil) to Dec. 2022 (¥1,607 Mil) but then increased from Dec. 2022 (¥1,607 Mil) to Dec. 2023 (¥2,811 Mil).

Hezong Science and Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hezong Science and 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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Hezong Science and Technology Co Accounts Payable & Accrued Expense Chart

Hezong Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,583.54

1,748.18

1,738.98

1,606.66

2,811.31

Hezong Science and 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															1,586.22	1,829.31	2,108.09	2,811.31	2,382.50

Hezong Science and 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.

Hezong Science and Technology Co (SZSE:300477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hezong Science and Technology Co Ltd (SZSE:300477) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

D-1211, Jiahua Building, Shangdi Sanjie, Haidian District, Beijing, CHN, 100085

Website

http://www.hezong-tech.com

Hezong Science and Technology Co Ltd is a high tech company providing technological solutions to their customers of power distribution and control equipment in the power industry. It is one-stop solution provider of power distribution systems in China, they offer products ranging from gas insulated ring main units, MV/LV air insulated switchgear, prefabricated substation, pole-mounted switches, distribution automation terminals (FTU/DTU), distribution transformers, to cable branching switchgear.

Executives

Wei Qiang	Directors, executives
Han Guo Liang	Directors, executives
Zhang Shu	Directors, Directors, and Executives
Gao Xing	Director
Zhang Xiao Yi	Executives
Wang Wei Ping	Supervisors
Zhang Ren Zeng	Director
He Yun	Director
Zhang Quan Zhong	Supervisors
Liu Ze Gang	Director
Liu Wei Dong	Independent director
Wang Xiao Xin	Supervisors

Hezong Science and Technology Co (SZSE:300477) Headlines

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