Shenzhen Xinhao Photoelectricity Technology Co (SZSE:301051) Accounts Payable & Accrued Expense : ¥497 Mil (As of Mar. 2024)

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What is Shenzhen Xinhao Photoelectricity Technology Co Accounts Payable & Accrued Expense?

Shenzhen Xinhao Photoelectricity Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥635 Mil) to Dec. 2023 (¥608 Mil) and declined from Dec. 2023 (¥608 Mil) to Mar. 2024 (¥497 Mil).

Shenzhen Xinhao Photoelectricity Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥683 Mil) to Dec. 2022 (¥462 Mil) but then increased from Dec. 2022 (¥462 Mil) to Dec. 2023 (¥608 Mil).

Shenzhen Xinhao Photoelectricity Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Xinhao Photoelectricity 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 Xinhao Photoelectricity Technology Co Accounts Payable & Accrued Expense Chart

Shenzhen Xinhao Photoelectricity Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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524.25

414.44

683.24

461.61

608.30

Shenzhen Xinhao Photoelectricity Technology Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	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															376.59	456.16	635.09	608.30	496.92

Shenzhen Xinhao Photoelectricity 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 Xinhao Photoelectricity Technology Co (SZSE:301051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Xinhao Photoelectricity Technology Co Ltd (SZSE:301051) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 139, Furui Road, Fuyong Street, Zone B, 1st Floor, Building 1, Dayang Development Zone, Baoan District, Guangdong Province, Shenzhen, CHN, 518128

Website

http://www.xinhaoph.com

Shenzhen Xinhao Photoelectricity Technology Co Ltd is engaged in the research and development, production and sales of glass protective screens.

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