Ruijie Networks Co (SZSE:301165) Accounts Payable & Accrued Expense : ¥1,816 Mil (As of Mar. 2024)

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What is Ruijie Networks Co Accounts Payable & Accrued Expense?

Ruijie Networks Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,483 Mil) to Dec. 2023 (¥2,777 Mil) but then declined from Dec. 2023 (¥2,777 Mil) to Mar. 2024 (¥1,816 Mil).

Ruijie Networks Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥2,993 Mil) to Dec. 2022 (¥2,404 Mil) but then increased from Dec. 2022 (¥2,404 Mil) to Dec. 2023 (¥2,777 Mil).

Ruijie Networks Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ruijie Networks 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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Ruijie Networks Co Accounts Payable & Accrued Expense Chart

Ruijie Networks Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,403.86

2,234.69

2,992.53

2,403.50

2,777.01

Ruijie Networks Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														1,470.74	2,361.19	2,483.20	2,777.01	1,815.60

Ruijie Networks 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.

Ruijie Networks Co (SZSE:301165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ruijie Networks Co Ltd (SZSE:301165) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 618, Jinshan Avenue, Building 19, Juyuanzhou Industrial Park, Cangshan District, Fujian Province, Fuzhou, CHN, 350002

Website

https://www.ruijie.com.cn

Ruijie Networks Co Ltd is engaged in the research and development, design and sales of network equipment, network security products and cloud desktop solutions.

Ruijie Networks Co (SZSE:301165) Headlines

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