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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Accounts Payable & Accrued Expense : ¥154.9 Mil (As of Mar. 2024)


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What is Hunan Aerospace Huanyu Communication Technology Co Accounts Payable & Accrued Expense?

Hunan Aerospace Huanyu Communication Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥112.5 Mil) to Dec. 2023 (¥209.2 Mil) but then declined from Dec. 2023 (¥209.2 Mil) to Mar. 2024 (¥154.9 Mil).

Hunan Aerospace Huanyu Communication Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥156.5 Mil) to Dec. 2022 (¥168.1 Mil) and increased from Dec. 2022 (¥168.1 Mil) to Dec. 2023 (¥209.2 Mil).

Hunan Aerospace Huanyu Communication Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hunan Aerospace Huanyu Communication 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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Hunan Aerospace Huanyu Communication Technology Co Accounts Payable & Accrued Expense Chart

Hunan Aerospace Huanyu Communication Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
56.37 94.00 156.54 168.10 209.17

Hunan Aerospace Huanyu Communication Technology Co Quarterly Data
Dec19 Dec20 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 103.96 136.86 112.51 209.17 154.94

Hunan Aerospace Huanyu Communication 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.

Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hunan Aerospace Huanyu Communication Technology Co Ltd (SHSE:688523) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
SZSE:002985 SHSE:600316 SHSE:600967 SZSE:300775 SHSE:688586 SZSE:300053 SZSE:300034 SHSE:688552 SZSE:300045 SHSE:688543 RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX
Traded in Other Exchanges
N/A
Address
No. 6 Xingkang South Road, Yuelu District, Hunan, Changsha, CHN, 410205
Website
http://www.hthykj.com
Hunan Aerospace Huanyu Communication Technology Co Ltd is mainly engaged in the R&D, manufacturing and service of space-borne high-end microwave communication, satellite communication, aerospace technology equipment and high-end composite material parts and components. The company is committed to providing product support and engineering application services for major aerospace host units.

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