Shenzhen Kexin Communication Technologies Co (SZSE:300565) Accounts Payable & Accrued Expense : ¥235.7 Mil (As of Mar. 2024)

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What is Shenzhen Kexin Communication Technologies Co Accounts Payable & Accrued Expense?

Shenzhen Kexin Communication Technologies Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥236.5 Mil) to Dec. 2023 (¥285.8 Mil) but then declined from Dec. 2023 (¥285.8 Mil) to Mar. 2024 (¥235.7 Mil).

Shenzhen Kexin Communication Technologies Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥324.6 Mil) to Dec. 2022 (¥277.7 Mil) but then increased from Dec. 2022 (¥277.7 Mil) to Dec. 2023 (¥285.8 Mil).

Shenzhen Kexin Communication Technologies Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Kexin Communication Technologies 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 Kexin Communication Technologies Co Accounts Payable & Accrued Expense Chart

Shenzhen Kexin Communication Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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242.85

415.62

324.62

277.67

285.82

Shenzhen Kexin Communication Technologies 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															276.94	288.10	236.50	285.82	235.74

Shenzhen Kexin Communication Technologies 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 Kexin Communication Technologies Co (SZSE:300565) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Kexin Communication Technologies Co Ltd (SZSE:300565) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Community hi-tech park BDA, Guangdong Komeito Tong home office, Lunan Ke letter Quarters 1, Shenzhen, CHN, 518107

Website

http://www.szkexin.com.cn

Shenzhen Kexin Communication Technologies Co Ltd is specialized in telecom communication network equipment research and development, manufacturing, marketing, and providing application solutions and technical services. Its products portfolio includes physical connection products and integrated solutions to domestic and overseas telecom operators, ICT equipment manufacturers and network integrators. Its products and solutions are widely used in FTTX, 3G/4G, transmission network.

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