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Shenzhenrease Technology Co (SZSE:300713) Accounts Payable & Accrued Expense : ¥223.9 Mil (As of Sep. 2024)


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What is Shenzhenrease Technology Co Accounts Payable & Accrued Expense?

Shenzhenrease Technology Co's quarterly accounts payable & accrued expense increased from Mar. 2024 (¥210.5 Mil) to Jun. 2024 (¥247.3 Mil) but then declined from Jun. 2024 (¥247.3 Mil) to Sep. 2024 (¥223.9 Mil).

Shenzhenrease Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥194.8 Mil) to Dec. 2022 (¥299.0 Mil) but then declined from Dec. 2022 (¥299.0 Mil) to Dec. 2023 (¥211.1 Mil).

Shenzhenrease Technology Co Accounts Payable & Accrued Expense Historical Data

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

Shenzhenrease Technology 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 213.57 184.40 194.80 298.95 211.06

Shenzhenrease Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 189.77 211.06 210.53 247.26 223.85

Shenzhenrease 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.

Shenzhenrease Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Increase Technology Co Ltd (SZSE:300713) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
1001 Zhongshanyuan Road, International E E1 City Building, 11th Floor, Nansha District, Shenzhen, CHN, 518055
Website
http://www.szincrease.com
Shenzhen Increase Technology Co Ltd is a China-based company engaged in the development, production, and sale of power electronic products. Its products are used in automotive, electric power, railway, metallurgy, communications and other fields. Its products portfolio includes power operating power supply, electric car charging power supply and other power products.
Executives
He Yong Zhi Supervisors
Yin Wei Directors, executives
Liu Wen Feng Director
Lv You Gen Director
Deng Hu Directors, executives

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