ASR Microelectronics Co (SHSE:688220) Accounts Payable & Accrued Expense : ¥520 Mil (As of Mar. 2024)

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What is ASR Microelectronics Co Accounts Payable & Accrued Expense?

ASR Microelectronics Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥550 Mil) to Dec. 2023 (¥531 Mil) and declined from Dec. 2023 (¥531 Mil) to Mar. 2024 (¥520 Mil).

ASR Microelectronics Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥498 Mil) to Dec. 2022 (¥416 Mil) but then increased from Dec. 2022 (¥416 Mil) to Dec. 2023 (¥531 Mil).

ASR Microelectronics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for ASR Microelectronics 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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ASR Microelectronics Co Accounts Payable & Accrued Expense Chart

ASR Microelectronics Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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282.46

385.21

498.04

416.29

531.41

ASR Microelectronics Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	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														448.05	392.78	549.66	531.41	519.81

ASR Microelectronics 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.

ASR Microelectronics Co (SHSE:688220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASR Microelectronics Co Ltd (SHSE:688220) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.399 Keyuan Road, 8th Floor, Building 10, Pilot Free Trade Zone (Nominal Floor 9th Floor), Shanghai, CHN, 201203

Website

https://www.asrmicro.com

ASR Microelectronics Co Ltd is engaged in the research and development and technological innovation of wireless communication chips.

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