Zenner Metering Technology (Shanghai) (SZSE:301303) Accounts Payable & Accrued Expense : ¥395 Mil (As of Mar. 2024)

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What is Zenner Metering Technology (Shanghai) Accounts Payable & Accrued Expense?

Zenner Metering Technology (Shanghai)'s quarterly accounts payable & accrued expense increased from Sep. 2023 (¥489 Mil) to Dec. 2023 (¥523 Mil) but then declined from Dec. 2023 (¥523 Mil) to Mar. 2024 (¥395 Mil).

Zenner Metering Technology (Shanghai)'s annual accounts payable & accrued expense increased from Dec. 2021 (¥396 Mil) to Dec. 2022 (¥546 Mil) but then declined from Dec. 2022 (¥546 Mil) to Dec. 2023 (¥523 Mil).

Zenner Metering Technology (Shanghai) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zenner Metering Technology (Shanghai)'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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Zenner Metering Technology (Shanghai) Accounts Payable & Accrued Expense Chart

Zenner Metering Technology (Shanghai) Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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299.46

344.12

395.74

546.36

523.46

Zenner Metering Technology (Shanghai) Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											478.65	527.52	489.42	523.46	395.45

Zenner Metering Technology (Shanghai) 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.

Zenner Metering Technology (Shanghai) (SZSE:301303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zenner Metering Technology (Shanghai) Ltd (SZSE:301303) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 6558 Yinggang East Road, Building 4, Qingpu District, Shanghai, CHN, 201703

Website

https://www.zenner-metering.com

Zenner Metering Technology (Shanghai) Ltd is engaged in the research and development, manufacture and sales of gas metering instruments and supporting products. The main products are wide-range series civil membrane gas meters and industrial and commercial membrane gas meters, NB-IoT IoT gas meters, wireless remote transmission gas meters, IC card smart gas meters, ultrasonic gas meters, ultrasonic flow meters, smart gas waist wheels Flow meter & turbine flow meter, IoT intelligent controller, bellows, ATM self-service payment system, Bluetooth smart card and iGasLink smart gas information cloud platform based on cloud service.

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