GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengtong Optic-Electric Co Ltd (SHSE:600487) » Definitions » Accounts Payable & Accrued Expense

Hengtong Optic-Electric Co (SHSE:600487) Accounts Payable & Accrued Expense : ¥11,045 Mil (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Hengtong Optic-Electric Co Accounts Payable & Accrued Expense?

Hengtong Optic-Electric Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥11,429 Mil) to Dec. 2023 (¥11,720 Mil) but then declined from Dec. 2023 (¥11,720 Mil) to Mar. 2024 (¥11,045 Mil).

Hengtong Optic-Electric Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥10,982 Mil) to Dec. 2022 (¥12,188 Mil) but then declined from Dec. 2022 (¥12,188 Mil) to Dec. 2023 (¥11,720 Mil).


Hengtong Optic-Electric Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hengtong Optic-Electric 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.

* Premium members only.

Hengtong Optic-Electric Co Accounts Payable & Accrued Expense Chart

Hengtong Optic-Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,208.04 8,802.72 10,982.47 12,187.76 11,719.73

Hengtong Optic-Electric 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 & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,312.61 11,470.72 11,429.42 11,719.73 11,044.66

Hengtong Optic-Electric 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.


Hengtong Optic-Electric Co (SHSE:600487) Business Description

Traded in Other Exchanges
N/A
Address
100 Hangheng Road, Wujiang Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215200
Hengtong Optic-Electric Co Ltd provides fiber optic communication products in China and internationally. It offers optical rod, optical fiber, optical cable, optical device, an optical network, and ocean optical network products; data communication products; power transmission products; and ocean engineering, quantum security communications, and big data, as well as rail transit and smart city products.
Executives
Cui Gen Liang Director
Zhu Qin Fang Director
Mao Hui Su Director

Hengtong Optic-Electric Co (SHSE:600487) Headlines

No Headlines