Hangzhou Chang Chuan Technology Co (SZSE:300604) Accounts Payable & Accrued Expense : ¥1,133 Mil (As of Mar. 2024)

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What is Hangzhou Chang Chuan Technology Co Accounts Payable & Accrued Expense?

Hangzhou Chang Chuan Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,107 Mil) to Dec. 2023 (¥1,269 Mil) but then declined from Dec. 2023 (¥1,269 Mil) to Mar. 2024 (¥1,133 Mil).

Hangzhou Chang Chuan Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥848 Mil) to Dec. 2022 (¥1,453 Mil) but then declined from Dec. 2022 (¥1,453 Mil) to Dec. 2023 (¥1,269 Mil).

Hangzhou Chang Chuan Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hangzhou Chang Chuan 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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Hangzhou Chang Chuan Technology Co Accounts Payable & Accrued Expense Chart

Hangzhou Chang Chuan Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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286.38

438.79

847.72

1,453.24

1,269.06

Hangzhou Chang Chuan Technology 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															1,129.58	915.44	1,107.08	1,269.06	1,132.52

Hangzhou Chang Chuan 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.

Hangzhou Chang Chuan Technology Co (SZSE:300604) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou Chang Chuan Technology Co Ltd (SZSE:300604) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

No. 799 Jiangshu Road, Building No.3, 1st-2nd Floor and 3rd, 4th and 5th Floor A units, Zhejiang Province, Hangzhou, CHN, 310051

Website

http://www.hzcctech.com

Hangzhou Chang Chuan Technology Co Ltd is a China based company engaged in the research and development, production and sales of integrated circuit equipment. Its product portfolio comprises of two product lines, namely Automatic sorting system and Test systems, to carry out research and development work. The Test systems product line comprises of CTA8280, CTT3280, CTT3600, CTT1000, and CTT3320. The Automatic sorting system comprises C1 series, C2 series, C3Q series, C7100/400, and C8 series, among others.

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