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Shenzhen Longsys Electronics Co (SZSE:301308) Accounts Payable & Accrued Expense : ¥2,588 Mil (As of Mar. 2024)


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What is Shenzhen Longsys Electronics Co Accounts Payable & Accrued Expense?

Shenzhen Longsys Electronics Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,388 Mil) to Dec. 2023 (¥1,679 Mil) and increased from Dec. 2023 (¥1,679 Mil) to Mar. 2024 (¥2,588 Mil).

Shenzhen Longsys Electronics Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥946 Mil) to Dec. 2022 (¥899 Mil) but then increased from Dec. 2022 (¥899 Mil) to Dec. 2023 (¥1,679 Mil).


Shenzhen Longsys Electronics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Longsys Electronics 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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Shenzhen Longsys Electronics Co Accounts Payable & Accrued Expense Chart

Shenzhen Longsys Electronics Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 513.20 1,087.49 946.21 899.14 1,678.99

Shenzhen Longsys Electronics Co Quarterly Data
Dec18 Dec19 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 623.75 1,002.91 1,388.06 1,678.99 2,587.66

Shenzhen Longsys Electronics 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 Longsys Electronics Co (SZSE:301308) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Kefa Road, A, B, C, D, E, F1, 8th Floor, Building 1, Financial Services Technology Innovation Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Longsys Electronics Co Ltd is a technology-based storage product manufacturer dedicated to memory chip architecture and application. The company has five product lines: embedded storage, industrial storage, mobile storage, SSD storage, and memory module. It provides systematic solutions for personal data and industrial software and hardware storage products.
Executives
Cai Hua Bo Directors, executives
Wang Jing Yang Directors, executives
Zhu Yu Directors, executives

Shenzhen Longsys Electronics Co (SZSE:301308) Headlines

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