Shenzhen Minkave Technology Co (SZSE:300506) Accounts Payable & Accrued Expense : ¥664.48 Mil (As of Mar. 2024)

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

Shenzhen Minkave Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥720.65 Mil) to Dec. 2023 (¥706.28 Mil) and declined from Dec. 2023 (¥706.28 Mil) to Mar. 2024 (¥664.48 Mil).

Shenzhen Minkave Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥898.55 Mil) to Dec. 2022 (¥781.15 Mil) and declined from Dec. 2022 (¥781.15 Mil) to Dec. 2023 (¥706.28 Mil).

Shenzhen Minkave Technology Co Accounts Payable & Accrued Expense Historical Data

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

Shenzhen Minkave Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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959.03

703.02

898.55

781.15

706.28

Shenzhen Minkave 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															754.57	722.82	720.65	706.28	664.48

Shenzhen Minkave 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 Minkave Technology Co (SZSE:300506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Minkave Technology Co Ltd (SZSE:300506) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

17/F West Coast Mansion, Nanyou Avenue, Nanshan Distric, Shenzhen, CHN, 518054

Website

http://www.minkave.com

Shenzhen Minkave Technology Co Ltd engages in the research, development, production, and sale of lighting products and in lighting engineering design. It undertakes lighting projects in urban lighting planning, tourism and cultural scenic spots, municipal landscapes, architectural lighting, high-end office buildings, large venues, high-end hotels, urban complexes, smart cities, and railways and chemical industries.

Executives

Zhang Jing Shi	Director
Cheng Zong Yu	Directors, executives
Yuan Yan	Secretary, Director
Peng Yin Li	Directors, executives
Liu Dong Hua	Director
Ceng Li Ru	Securities Affairs Representative

Shenzhen Minkave Technology Co (SZSE:300506) Headlines

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