Suzhou Invotech Scroll Technologies Co (SZSE:301272) Accounts Payable & Accrued Expense : ¥117.3 Mil (As of Mar. 2024)

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What is Suzhou Invotech Scroll Technologies Co Accounts Payable & Accrued Expense?

Suzhou Invotech Scroll Technologies Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥125.3 Mil) to Dec. 2023 (¥144.5 Mil) but then declined from Dec. 2023 (¥144.5 Mil) to Mar. 2024 (¥117.3 Mil).

Suzhou Invotech Scroll Technologies Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥144.3 Mil) to Dec. 2022 (¥140.6 Mil) but then increased from Dec. 2022 (¥140.6 Mil) to Dec. 2023 (¥144.5 Mil).

Suzhou Invotech Scroll Technologies Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suzhou Invotech Scroll Technologies 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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Suzhou Invotech Scroll Technologies Co Accounts Payable & Accrued Expense Chart

Suzhou Invotech Scroll Technologies Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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57.36

81.63

144.27

140.55

144.52

Suzhou Invotech Scroll Technologies Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										108.75	167.28	125.33	144.52	117.26

Suzhou Invotech Scroll Technologies 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.

Suzhou Invotech Scroll Technologies Co (SZSE:301272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Invotech Scroll Technologies Co Ltd (SZSE:301272) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 5, Yintong Road, Southeast Street, Jiangsu Province, Changshu, CHN, 215500

Website

http://www.invotech.cn

Suzhou Invotech Scroll Technologies Co Ltd provides research and development, production, sales and pre-sales and after-sales services of energy-saving, high-efficiency, high-reliability, low-noise scroll compressors and their application technologies.

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