Hunan Sund Technological (SZSE:301548) Accounts Payable & Accrued Expense : ¥164.5 Mil (As of Mar. 2024)

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What is Hunan Sund Technological Accounts Payable & Accrued Expense?

Hunan Sund Technological's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥158.2 Mil) to Dec. 2023 (¥174.4 Mil) but then declined from Dec. 2023 (¥174.4 Mil) to Mar. 2024 (¥164.5 Mil).

Hunan Sund Technological's annual accounts payable & accrued expense increased from Dec. 2021 (¥103.1 Mil) to Dec. 2022 (¥171.9 Mil) and increased from Dec. 2022 (¥171.9 Mil) to Dec. 2023 (¥174.4 Mil).

Hunan Sund Technological Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hunan Sund Technological'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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Hunan Sund Technological Accounts Payable & Accrued Expense Chart

Hunan Sund Technological Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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62.79

85.55

103.10

171.90

174.43

Hunan Sund Technological Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									-	160.01	158.20	174.43	164.47

Hunan Sund Technological 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.

Hunan Sund Technological (SZSE:301548) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Sund Technological Corp (SZSE:301548) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102

Website

http://www.hnsund.com

Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

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