Wuxi Sunlit Science and Technology Co (HKSE:01289) Accounts Payable & Accrued Expense : HK$219.9 Mil (As of Dec. 2023)

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What is Wuxi Sunlit Science and Technology Co Accounts Payable & Accrued Expense?

Wuxi Sunlit Science and Technology Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$191.4 Mil) to Jun. 2023 (HK$171.7 Mil) but then increased from Jun. 2023 (HK$171.7 Mil) to Dec. 2023 (HK$219.9 Mil).

Wuxi Sunlit Science and Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$71.6 Mil) to Dec. 2022 (HK$191.4 Mil) and increased from Dec. 2022 (HK$191.4 Mil) to Dec. 2023 (HK$219.9 Mil).

Wuxi Sunlit Science and Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wuxi Sunlit Science and 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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Wuxi Sunlit Science and Technology Co Accounts Payable & Accrued Expense Chart

Wuxi Sunlit Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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80.54

86.87

71.63

191.40

219.88

Wuxi Sunlit Science and Technology Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															71.63	81.30	191.40	171.67	219.88

Wuxi Sunlit Science and 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.

Wuxi Sunlit Science and Technology Co (HKSE:01289) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Sunlit Science and Technology Co Ltd (HKSE:01289) » Definitions » Accounts Payable & Accrued Expense

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Address

1 Yanxin Road East, Huishan Economic Development Zone, Jiangsu Province, Wuxi, CHN, 214174

Website

https://www.wxsunlit.com

Wuxi Sunlit Science and Technology Co Ltd is a China-based company. It is engaged in the research and development, design, manufacture, equipment supply, installation, testing, repair, and maintenance of production lines for manufacturing steel wire products in the People's Republic of China. The company's product portfolio includes brass electroplated wire production lines, standalone machines, double-twist stranding machines, wet drawing machines, mold repairing equipment, parts, and accessories. Geographically, the company operates in Mainland China and other countries, of which the majority of the revenue is earned in Mainland China.

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