Maxscend Microelectronics Co (SZSE:300782) Accounts Payable & Accrued Expense : ¥1,068 Mil (As of Mar. 2024)

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What is Maxscend Microelectronics Co Accounts Payable & Accrued Expense?

Maxscend Microelectronics Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥702 Mil) to Dec. 2023 (¥863 Mil) and increased from Dec. 2023 (¥863 Mil) to Mar. 2024 (¥1,068 Mil).

Maxscend Microelectronics Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥742 Mil) to Dec. 2022 (¥710 Mil) but then increased from Dec. 2022 (¥710 Mil) to Dec. 2023 (¥863 Mil).

Maxscend Microelectronics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Maxscend Microelectronics 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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Maxscend Microelectronics Co Accounts Payable & Accrued Expense Chart

Maxscend Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

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Dec21

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Dec23

Accounts Payable & Accrued Expense

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206.27

382.49

741.84

710.17

863.07

Maxscend Microelectronics 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															715.62	678.21	701.70	863.07	1,067.83

Maxscend Microelectronics 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.

Maxscend Microelectronics Co (SZSE:300782) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxscend Microelectronics Co Ltd (SZSE:300782) » Definitions » Accounts Payable & Accrued Expense

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Address

No.777 Building West Road, 11th Floor, Building A3, Binhu District, Jiangsu, Wuxi, CHN, 214072

Website

http://www.maxscend.com

Maxscend Microelectronics Co Ltd is a Chinese based company involved in the integrated circuit business. The business activity of the group includes integrated circuit production; technology development of integrated circuits and providing software technical services.

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