Ningbonxing Medical Electric Co (SHSE:601567) Accounts Payable & Accrued Expense : ¥4,769 Mil (As of Mar. 2024)

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What is Ningbonxing Medical Electric Co Accounts Payable & Accrued Expense?

Ningbonxing Medical Electric Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥4,923 Mil) to Dec. 2023 (¥5,002 Mil) but then declined from Dec. 2023 (¥5,002 Mil) to Mar. 2024 (¥4,769 Mil).

Ningbonxing Medical Electric Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,630 Mil) to Dec. 2022 (¥4,411 Mil) and increased from Dec. 2022 (¥4,411 Mil) to Dec. 2023 (¥5,002 Mil).

Ningbonxing Medical Electric Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningbonxing Medical Electric 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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Ningbonxing Medical Electric Co Accounts Payable & Accrued Expense Chart

Ningbonxing Medical Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,614.81

2,907.83

3,629.73

4,411.43

5,001.75

Ningbonxing Medical Electric Co 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															4,364.47	4,958.98	4,923.04	5,001.75	4,768.59

Ningbonxing Medical Electric 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.

Ningbonxing Medical Electric Co (SHSE:601567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Sanxing Medical Electric Co Ltd (SHSE:601567) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.17 Fenglin Road, Cicheng Tow, Jiangbei District, Ningbo, CHN, 315034

Website

http://www.sanxing.com

Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices and others. Geographically the firm operated through China however its business presence is also seen internationally.

Executives

Zheng Jian Jiang	Director
Guo Su	Directors, senior managers
Shen Guo Ying	Directors, senior managers
Zheng Jun Da	Supervisors
Mou Xi Lei	Directors, senior managers
Xin Ning	Director
Liang Song Luan	senior management
Fu Guo Yi	Supervisors
Li Wei Qing	Director

Ningbonxing Medical Electric Co (SHSE:601567) Headlines

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