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Inno Laser Technology Co (SZSE:301021) Accounts Payable & Accrued Expense : ¥160.8 Mil (As of Mar. 2024)


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What is Inno Laser Technology Co Accounts Payable & Accrued Expense?

Inno Laser Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥78.4 Mil) to Dec. 2023 (¥129.8 Mil) and increased from Dec. 2023 (¥129.8 Mil) to Mar. 2024 (¥160.8 Mil).

Inno Laser Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥60.1 Mil) to Dec. 2022 (¥43.3 Mil) but then increased from Dec. 2022 (¥43.3 Mil) to Dec. 2023 (¥129.8 Mil).

Inno Laser Technology Co Accounts Payable & Accrued Expense Historical Data

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

Inno Laser Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 69.97 76.19 60.07 43.35 129.78

Inno Laser Technology 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 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 43.18 53.95 78.37 129.78 160.84

Inno Laser 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.

Inno Laser Technology Co (SZSE:301021) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inno Laser Technology Co Ltd (SZSE:301021) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
SHSE:688181 SHSE:603050 SHSE:688693 SHSE:688260 SZSE:301419 SHSE:600152 SZSE:301329 SZSE:300582 SZSE:300852 SHSE:603380 APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No. 8 Langshan 2nd Road, 305, Qingyi Optoelectronic Building, North District, Science and Technology Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Website
https://www.inno-laser.com
Inno Laser Technology Co Ltd focuses on the research and development, production, and sales of lasers in the field of micromachining and provides customers with customized microfabrication in the form of laser modules.
Executives
Zhang Yong Directors, executives

Inno Laser Technology Co (SZSE:301021) Headlines

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