GuoChuang Software Co (SZSE:300520) Accounts Payable & Accrued Expense : ¥1,159 Mil (As of Mar. 2024)

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What is GuoChuang Software Co Accounts Payable & Accrued Expense?

GuoChuang Software Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,134 Mil) to Dec. 2023 (¥1,377 Mil) but then declined from Dec. 2023 (¥1,377 Mil) to Mar. 2024 (¥1,159 Mil).

GuoChuang Software Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,030 Mil) to Dec. 2022 (¥1,270 Mil) and increased from Dec. 2022 (¥1,270 Mil) to Dec. 2023 (¥1,377 Mil).

GuoChuang Software Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for GuoChuang Software 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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GuoChuang Software Co Accounts Payable & Accrued Expense Chart

GuoChuang Software Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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577.34

728.47

1,030.08

1,269.58

1,377.21

GuoChuang Software 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															1,181.54	1,052.53	1,133.73	1,377.21	1,158.81

GuoChuang Software 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.

GuoChuang Software Co (SZSE:300520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GuoChuang Software Co Ltd (SZSE:300520) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Venturi Road, Hefei High-Tech Zone No 355, Hefei, CHN, 230088

Website

http://www.kdgcsoft.com

GuoChuang Software Co Ltd is engaged in the provision of information technology solutions; and software research and development services. It develops offshore software, software application, system integration, and maintenance services for various industries, such as tobacco, telecom, electric power, financing, healthcare, manufacturing, e-commerce, education, retail.

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