Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Accounts Payable & Accrued Expense : ¥373.1 Mil (As of Mar. 2024)

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What is Guangzhou Frontop Digital Creative Technology Co Accounts Payable & Accrued Expense?

Guangzhou Frontop Digital Creative Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥291.1 Mil) to Dec. 2023 (¥394.3 Mil) but then declined from Dec. 2023 (¥394.3 Mil) to Mar. 2024 (¥373.1 Mil).

Guangzhou Frontop Digital Creative Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥270.5 Mil) to Dec. 2022 (¥327.4 Mil) and increased from Dec. 2022 (¥327.4 Mil) to Dec. 2023 (¥394.3 Mil).

Guangzhou Frontop Digital Creative Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangzhou Frontop Digital Creative 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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Guangzhou Frontop Digital Creative Technology Co Accounts Payable & Accrued Expense Chart

Guangzhou Frontop Digital Creative Technology Co Annual Data

Trend

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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171.66

248.38

270.49

327.42

394.30

Guangzhou Frontop Digital Creative Technology Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															299.10	295.05	291.06	394.30	373.10

Guangzhou Frontop Digital Creative 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.

Guangzhou Frontop Digital Creative Technology Co (SZSE:301313) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangzhou Frontop Digital Creative Technology Co Ltd (SZSE:301313) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2701, 2703, 2704, 2705, 2706, 2707, No. 117, Longyi Road, Tianhe District, Guangdong Province, Guangzhou, CHN, 510000

Website

https://www.frontop.cn

Guangzhou Frontop Digital Creative Technology Co Ltd is committed to digital multimedia display services and cutting-edge technology exploration and research. It has around 6 domestic technology creative service centers - Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan and several domestic branches.

Executives

Ke Mao Xu	Director
Du Jian Quan	Supervisors
Zhang Yu	Directors, executives

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