Shenzhen Inovance Technology Co (SZSE:300124) Accounts Payable : ¥12,209 Mil (As of Mar. 2024)

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What is Shenzhen Inovance Technology Co Accounts Payable?

Shenzhen Inovance Technology Co's Accounts Payable for the quarter that ended in Mar. 2024 was ¥12,209 Mil.

Shenzhen Inovance Technology Co's quarterly Accounts Payable increased from Sep. 2023 (¥10,522 Mil) to Dec. 2023 (¥12,311 Mil) but then declined from Dec. 2023 (¥12,311 Mil) to Mar. 2024 (¥12,209 Mil).

Shenzhen Inovance Technology Co's annual Accounts Payable increased from Dec. 2021 (¥6,366 Mil) to Dec. 2022 (¥9,330 Mil) and increased from Dec. 2022 (¥9,330 Mil) to Dec. 2023 (¥12,311 Mil).

Shenzhen Inovance Technology Co Accounts Payable Historical Data

The historical data trend for Shenzhen Inovance Technology Co's Accounts Payable 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 Inovance Technology Co Accounts Payable Chart

Shenzhen Inovance Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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2,494.83

3,798.92

6,365.71

9,330.07

12,311.16

Shenzhen Inovance Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable	Get a 7-Day Free Trial															9,477.95	9,846.63	10,522.21	12,311.16	12,209.29

Shenzhen Inovance Technology Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Shenzhen Inovance Technology Co Accounts Payable Related Terms

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Shenzhen Inovance Technology Co (SZSE:300124) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Inovance Technology Co Ltd (SZSE:300124) » Definitions » Accounts Payable

Traded in Other Exchanges

N/A

Address

Liuxian Road No. 70, Building E, Hongwei Industrial Park, Baocheng District, Shenzhen, CHN, 518101

Website

http://www.inovance.cn

Founded in 2003 by a group of ex-engineers from Huawei and Emerson, Shenzhen Inovance Technology develops and manufactures components used in elevators, automation equipment, robots, new energy vehicles, and railways. A partial list of products includes variable frequency drives--also known as inverters--servo systems, sensors, interfaces and motor controllers. Inovance employs about 20,000 staff, including over 4,700 research and development engineers. About 95% of Inovance's sales are made in China. Its headquarters are in Shenzhen with a large regional office in Suzhou, and these major offices are supported by over 10 branches across China.

Shenzhen Inovance Technology Co (SZSE:300124) Headlines

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