Precision Tsugami (China) (HKSE:01651) Accounts Payable & Accrued Expense : HK$695 Mil (As of Sep. 2023)

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What is Precision Tsugami (China) Accounts Payable & Accrued Expense?

Precision Tsugami (China)'s quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$1,085 Mil) to Mar. 2023 (HK$981 Mil) and declined from Mar. 2023 (HK$981 Mil) to Sep. 2023 (HK$695 Mil).

Precision Tsugami (China)'s annual accounts payable & accrued expense increased from Mar. 2021 (HK$809 Mil) to Mar. 2022 (HK$1,163 Mil) but then declined from Mar. 2022 (HK$1,163 Mil) to Mar. 2023 (HK$981 Mil).

Precision Tsugami (China) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Precision Tsugami (China)'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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Precision Tsugami (China) Accounts Payable & Accrued Expense Chart

Precision Tsugami (China) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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512.54

391.98

809.38

1,163.30

980.69

Precision Tsugami (China) Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												1,496.49	1,163.30	1,085.14	980.69	695.07

Precision Tsugami (China) 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.

Precision Tsugami (China) (HKSE:01651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Tsugami (China) Corp Ltd (HKSE:01651) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2001 Pingcheng Road, Pinghu Economic-Technological Development Zone, Zhejiang Province, Pinghu, CHN, 314200

Website

https://www.tsugami.com.cn

Precision Tsugami (China) Corp Ltd is engaged in the manufacturing and distribution of computer numerical control (CNC) high precision machine tools; and the provision of commercial consultation services. It manufactures and sells CNC machine tools including Precision lathes, Precision machining centres, Precision thread and form rolling machines and Precision grinding machines under the TSUGAMI brand. The company only has one reportable operating segment which is the manufacture and sale of high precision CNC machine tools. Its products are mainly for the Chinese market and are also sold to Japan, Europe, the US, Southeast Asia and other countries.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Tsugami Corporation	2101 Beneficial owner

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