Putian Communication Group (HKSE:01720) Accounts Payable & Accrued Expense : HK$192.2 Mil (As of Dec. 2023)

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What is Putian Communication Group Accounts Payable & Accrued Expense?

Putian Communication Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$241.6 Mil) to Jun. 2023 (HK$208.3 Mil) and declined from Jun. 2023 (HK$208.3 Mil) to Dec. 2023 (HK$192.2 Mil).

Putian Communication Group's annual accounts payable & accrued expense increased from Dec. 2021 (HK$161.9 Mil) to Dec. 2022 (HK$241.6 Mil) but then declined from Dec. 2022 (HK$241.6 Mil) to Dec. 2023 (HK$192.2 Mil).

Putian Communication Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Putian Communication Group'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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Putian Communication Group Accounts Payable & Accrued Expense Chart

Putian Communication Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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83.60

73.83

161.90

241.60

192.24

Putian Communication Group Semi-Annual Data
	Dec14	Dec15	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												161.90	84.75	241.60	208.27	192.24

Putian Communication Group 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.

Putian Communication Group (HKSE:01720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Putian Communication Group Ltd (HKSE:01720) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8899 ChangDong Avenue, Hi-tech Development Zone, Jiangxi Province, Nanchang, CHN

Website

http://www.potel-group.com

Putian Communication Group Ltd, along with its subsidiaries, is a communication cable manufacturer and structured cabling system product provider. The company's products include optical Fiber, Optical cable, digital communication cables, security cables, panels, jumpers, cabinet chassis, and others. The operating segments of the group are Optical fibers and Optical fiber cables, Communication copper cables, and Structured cabling system products. It generates maximum revenue from the Communication copper cables segment. The group's revenue is derived from the PRC.

Executives

Arcenciel Capital Co., Ltd	2101 Beneficial owner
Wang Qiuping	2201 Interest of corporation controlled by you
Point Stone Capital Co., Ltd.	2101 Beneficial owner
Zhao Xiaobao	2201 Interest of corporation controlled by you
Zhong Hang Zi Ben Guo Ji Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Zhong Hang Zi Ben Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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