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Robosense Technology Co (HKSE:02498) Accounts Payable & Accrued Expense : HK$745 Mil (As of Dec. 2023)


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What is Robosense Technology Co Accounts Payable & Accrued Expense?

Robosense Technology Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$1,404 Mil) to Jun. 2023 (HK$402 Mil) but then increased from Jun. 2023 (HK$402 Mil) to Dec. 2023 (HK$745 Mil).

Robosense Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$258 Mil) to Dec. 2022 (HK$1,404 Mil) but then declined from Dec. 2022 (HK$1,404 Mil) to Dec. 2023 (HK$745 Mil).


Robosense Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Robosense 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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Robosense Technology Co Accounts Payable & Accrued Expense Chart

Robosense Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
95.20 257.50 1,404.50 745.34

Robosense Technology Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 257.50 - 1,404.50 401.67 745.34

Robosense 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.


Robosense Technology Co (HKSE:02498) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
Building 9, Zhongguan Honghualing Industry, Southern District 1213 Liuxian Avenue, Taoyuan Street Nanshan District, Shenzhen, CHN
Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, They have differentiated themselves from most LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. They develop our solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.
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