Chengdu SIWI Science & Technology Co (HKSE:01202) Accounts Payable & Accrued Expense : HK$72.2 Mil (As of Dec. 2023)

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What is Chengdu SIWI Science & Technology Co Accounts Payable & Accrued Expense?

Chengdu SIWI Science & Technology Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$87.7 Mil) to Jun. 2023 (HK$76.1 Mil) and declined from Jun. 2023 (HK$76.1 Mil) to Dec. 2023 (HK$72.2 Mil).

Chengdu SIWI Science & Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$79.6 Mil) to Dec. 2022 (HK$87.7 Mil) but then declined from Dec. 2022 (HK$87.7 Mil) to Dec. 2023 (HK$72.2 Mil).

Chengdu SIWI Science & Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chengdu SIWI Science & 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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Chengdu SIWI Science & Technology Co Accounts Payable & Accrued Expense Chart

Chengdu SIWI Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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108.54

109.85

79.64

87.65

72.16

Chengdu SIWI Science & Technology Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															79.64	95.57	87.65	76.13	72.16

Chengdu SIWI Science & 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.

Chengdu SIWI Science & Technology Co (HKSE:01202) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu SIWI Science & Technology Co Ltd (HKSE:01202) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CUEH:Germany

Address

61 Mody Road, Unit 105, 1st Floor, Mirror Tower, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.cdc.com.cn

Chengdu SIWI Science & Technology Co Ltd formerly Chengdu PUTIAN Telecommunications Cable Co Ltd engaged in the manufacture and sale of telecommunications cables, optical fibers, and cable joining sleeves. The segments of the group are the Production and sales of copper cables, optical cables, and related products; Trading business and Agency and processing services. Its main products are copper cables and related products, optical cables, and related products, and wire bushing and related products.

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