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Zhejiang Extek Technology Co (SZSE:301399) Accounts Payable & Accrued Expense : ¥44.5 Mil (As of Mar. 2024)


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What is Zhejiang Extek Technology Co Accounts Payable & Accrued Expense?

Zhejiang Extek Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥175.1 Mil) to Dec. 2023 (¥103.3 Mil) and declined from Dec. 2023 (¥103.3 Mil) to Mar. 2024 (¥44.5 Mil).

Zhejiang Extek Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥0.0 Mil) to Dec. 2022 (¥145.5 Mil) but then declined from Dec. 2022 (¥145.5 Mil) to Dec. 2023 (¥103.3 Mil).


Zhejiang Extek Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Extek 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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Zhejiang Extek Technology Co Accounts Payable & Accrued Expense Chart

Zhejiang Extek Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 49.60 61.59 - 145.53 103.33

Zhejiang Extek Technology 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 101.13 120.91 175.14 103.33 44.49

Zhejiang Extek 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.


Zhejiang Extek Technology Co (SZSE:301399) Business Description

Traded in Other Exchanges
N/A
Address
No. 468, Lesan Road, Dipu Street, Anji County, Zhejiang Province, Huzhou, CHN, 313300
Zhejiang Extek Technology Co Ltd is a high-tech enterprise specializing in the research, development, production and sales of high-efficiency heat exchangers. Its products mainly include high-efficiency new shell-and-tube heat exchangers, and coaxial casing heat Products such as heat exchangers and distributors, as the core components of heat pumps and air conditioners, are widely used in heating, hot water, refrigeration, industrial and agricultural production and other fields.

Zhejiang Extek Technology Co (SZSE:301399) Headlines

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