Shenzhen Minglida Precision Technology Co (SZSE:301268) Accounts Payable & Accrued Expense : ¥946 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Shenzhen Minglida Precision Technology Co Accounts Payable & Accrued Expense?

Shenzhen Minglida Precision Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,492 Mil) to Dec. 2023 (¥1,283 Mil) and declined from Dec. 2023 (¥1,283 Mil) to Mar. 2024 (¥946 Mil).

Shenzhen Minglida Precision Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥739 Mil) to Dec. 2022 (¥1,625 Mil) but then declined from Dec. 2022 (¥1,625 Mil) to Dec. 2023 (¥1,283 Mil).

Shenzhen Minglida Precision Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Minglida Precision 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.

* Premium members only.

Shenzhen Minglida Precision Technology Co Accounts Payable & Accrued Expense Chart

Shenzhen Minglida Precision Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

452.40

454.25

739.37

1,624.74

1,282.77

Shenzhen Minglida Precision Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													1,500.53	1,524.10	1,492.13	1,282.77	946.46

Shenzhen Minglida Precision 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.

Shenzhen Minglida Precision Technology Co (SZSE:301268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Minglida Precision Technology Co Ltd (SZSE:301268) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13 Langshan Road, Xili Street, 4th Floor, Research Building, Tsinghua Information Port, West of South Gate, Songpingshan Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.minglidagroup.com

Shenzhen Minglida Precision Technology Co Ltd is engaged in the design, research and development, production and sales of precision structural parts and molds.

Shenzhen Minglida Precision Technology Co (SZSE:301268) Headlines

No Headlines