ZTE (SZSE:000063) Accounts Payable & Accrued Expense : ¥48,952 Mil (As of Mar. 2024)

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What is ZTE Accounts Payable & Accrued Expense?

ZTE's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥46,150 Mil) to Dec. 2023 (¥49,809 Mil) but then declined from Dec. 2023 (¥49,809 Mil) to Mar. 2024 (¥48,952 Mil).

ZTE's annual accounts payable & accrued expense declined from Dec. 2021 (¥49,688 Mil) to Dec. 2022 (¥47,264 Mil) but then increased from Dec. 2022 (¥47,264 Mil) to Dec. 2023 (¥49,809 Mil).

ZTE Accounts Payable & Accrued Expense Historical Data

The historical data trend for ZTE'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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ZTE Accounts Payable & Accrued Expense Chart

ZTE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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42,192.52

44,292.29

49,687.82

47,263.82

49,808.91

ZTE 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															43,314.38	45,304.70	46,149.50	49,808.91	48,951.69

ZTE 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.

ZTE (SZSE:000063) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ZTCOF:USA 00763:Hong Kong FZM:Germany

Address

ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.zte.com.cn

ZTE Corp offers a suite of telecommunications and information technology equipment to carriers, businesses, and the public sector. The firm's product portfolio covers wireless networks, core networks, fixed access, terminals, and other telecom verticals. ZTE generates a majority of its revenue from equipment supporting carriers' networks, but also provides handset terminals and telecom software systems. PRC region accounts for a majority of the firm's revenue, but ZTE also has a presence in Asia, Africa, Europe and the Americas.

Executives

Xie Da Xiong	Supervisors
Li Quan Cai	Supervisors
Wang Xi Yu	Executives
Li Ying	Executives
Xu Yu Long	Securities Affairs Representative
Zhao Xian Ming	Directors, executives
Xu Hui Jun	Executives
Ceng Xue Zhong	Executives
Chen Jian Zhou	Executives
Cao Wei	Securities Affairs Representative
Huang Da Bin	Executives
Hou Wei Gui	Director
Chen Jie	Executives
Wei Zai Sheng	Executives
He Shi You	Director

ZTE (SZSE:000063) Headlines

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