Shenzhen Jove Enterprise (SZSE:300814) Accounts Payable & Accrued Expense : ¥349 Mil (As of Mar. 2024)

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What is Shenzhen Jove Enterprise Accounts Payable & Accrued Expense?

Shenzhen Jove Enterprise's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥414 Mil) to Dec. 2023 (¥438 Mil) but then declined from Dec. 2023 (¥438 Mil) to Mar. 2024 (¥349 Mil).

Shenzhen Jove Enterprise's annual accounts payable & accrued expense declined from Dec. 2021 (¥621 Mil) to Dec. 2022 (¥589 Mil) and declined from Dec. 2022 (¥589 Mil) to Dec. 2023 (¥438 Mil).

Shenzhen Jove Enterprise Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Jove Enterprise'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 Jove Enterprise Accounts Payable & Accrued Expense Chart

Shenzhen Jove Enterprise Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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415.12

330.77

621.24

588.62

437.82

Shenzhen Jove Enterprise Quarterly Data
	Dec18	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															505.35	450.20	413.99	437.82	349.44

Shenzhen Jove Enterprise 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 Jove Enterprise (SZSE:300814) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Jove Enterprise Ltd (SZSE:300814) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 8, Xingye Road, Shajing Street, Heyi Community and Second Industrial Zone, Baoan District, Guangdong, Shenzhen, CHN, 518104

Website

http://www.jovepcb.com

Shenzhen Jove Enterprise Ltd is engaged in the printed circuit board development, production and sales. The products include heavy copper coil board, high frequency high speed board, metal core, rigid-flex, flexible multilayer board and others. It is widely applied to power and energy, telecom and datacom, automotive electronics, industrial control, security and medical industry.

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