Shenzhen EXC-LED Technology Co (SZSE:300889) Accounts Payable & Accrued Expense : ¥421 Mil (As of Mar. 2024)

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What is Shenzhen EXC-LED Technology Co Accounts Payable & Accrued Expense?

Shenzhen EXC-LED Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥516 Mil) to Dec. 2023 (¥524 Mil) but then declined from Dec. 2023 (¥524 Mil) to Mar. 2024 (¥421 Mil).

Shenzhen EXC-LED Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥818 Mil) to Dec. 2022 (¥645 Mil) and declined from Dec. 2022 (¥645 Mil) to Dec. 2023 (¥524 Mil).

Shenzhen EXC-LED Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen EXC-LED 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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Shenzhen EXC-LED Technology Co Accounts Payable & Accrued Expense Chart

Shenzhen EXC-LED Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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482.41

565.02

818.41

644.66

523.93

Shenzhen EXC-LED 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															485.02	485.70	516.21	523.93	421.46

Shenzhen EXC-LED 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.

Shenzhen EXC-LED Technology Co (SZSE:300889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen EXC-LED Technology Co Ltd (SZSE:300889) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.11 Songgang Avenue, Songgang Street, Building 1, Jiancang Science and Technology Park, Baoan District, Guangdong, Shenzhen, CHN, 518105

Website

https://www.exc-led.com

Shenzhen EXC-LED Technology Co Ltd research and development, production and sales of landscape lighting intelligent control systems and LED landscape lighting lamps.

Executives

Chen Jian Bo

Supervisors

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