Hangzhou Silan Microelectronics Co (SHSE:600460) Accounts Payable & Accrued Expense : ¥2,748 Mil (As of Dec. 2023)

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What is Hangzhou Silan Microelectronics Co Accounts Payable & Accrued Expense?

Hangzhou Silan Microelectronics Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥2,262 Mil) to Sep. 2023 (¥2,243 Mil) but then increased from Sep. 2023 (¥2,243 Mil) to Dec. 2023 (¥2,748 Mil).

Hangzhou Silan Microelectronics Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,892 Mil) to Dec. 2022 (¥2,160 Mil) and increased from Dec. 2022 (¥2,160 Mil) to Dec. 2023 (¥2,748 Mil).

Hangzhou Silan Microelectronics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hangzhou Silan Microelectronics 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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Hangzhou Silan Microelectronics Co Accounts Payable & Accrued Expense Chart

Hangzhou Silan Microelectronics Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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1,082.36

1,154.81

1,891.72

2,160.25

2,748.18

Hangzhou Silan Microelectronics Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,160.25	2,099.11	2,261.80	2,243.20	2,748.18

Hangzhou Silan Microelectronics 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.

Hangzhou Silan Microelectronics Co (SHSE:600460) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou Silan Microelectronics Co Ltd (SHSE:600460) » Definitions » Accounts Payable & Accrued Expense

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Address

Number 4 Huanggushan Road, Hangzhou, Zhejiang, CHN, 310012

Website

http://www.silan.com.cn

Hangzhou Silan Microelectronics Co Ltd is a China-based company principally engaged in the design, manufacture, and sales of electronic components. It is also engaged in the importing and exporting of mechanical and electrical products. The company's main products include integrated circuits, semiconductor discrete devices, and light-emitting diode (LED) products.

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