Sumec (SHSE:600710) Accounts Payable & Accrued Expense : ¥14,205 Mil (As of Mar. 2024)

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What is Sumec Accounts Payable & Accrued Expense?

Sumec's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥17,036 Mil) to Dec. 2023 (¥14,573 Mil) and declined from Dec. 2023 (¥14,573 Mil) to Mar. 2024 (¥14,205 Mil).

Sumec's annual accounts payable & accrued expense increased from Dec. 2021 (¥15,969 Mil) to Dec. 2022 (¥16,136 Mil) but then declined from Dec. 2022 (¥16,136 Mil) to Dec. 2023 (¥14,573 Mil).

Sumec Accounts Payable & Accrued Expense Historical Data

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

Sumec Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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10,062.73

12,723.47

15,969.21

16,135.73

14,573.27

Sumec 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															17,437.18	18,213.73	17,036.03	14,573.27	14,205.29

Sumec 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.

Sumec (SHSE:600710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sumec Corp Ltd (SHSE:600710) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018

Website

http://www.sumec.com

Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.

Executives

Zhao Jian Guo	senior management
Cai Ji Bo	Director
Yang Guo Feng	Supervisors
Peng Yuan Pu	senior management
Jin Yong Chuan	senior management
Yang Yong Qing	Director
Gu Jian Su	senior management
Chen Wei	senior management
Wu Jian Ping	Supervisors
Wang Wei Yan	Director
Zou Jian Mao	senior management
Jin Rong Hua	Supervisors

Sumec (SHSE:600710) Headlines

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