G-bits Network Technology (Xiamen) Co (SHSE:603444) Accounts Payable & Accrued Expense : ¥857 Mil (As of Mar. 2024)

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What is G-bits Network Technology (Xiamen) Co Accounts Payable & Accrued Expense?

G-bits Network Technology (Xiamen) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥993 Mil) to Dec. 2023 (¥861 Mil) and declined from Dec. 2023 (¥861 Mil) to Mar. 2024 (¥857 Mil).

G-bits Network Technology (Xiamen) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,210 Mil) to Dec. 2022 (¥1,151 Mil) and declined from Dec. 2022 (¥1,151 Mil) to Dec. 2023 (¥861 Mil).

G-bits Network Technology (Xiamen) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for G-bits Network Technology (Xiamen) 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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G-bits Network Technology (Xiamen) Co Accounts Payable & Accrued Expense Chart

G-bits Network Technology (Xiamen) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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544.89

648.47

1,209.66

1,150.84

861.33

G-bits Network Technology (Xiamen) 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															1,025.37	998.68	992.82	861.33	856.85

G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co (SHSE:603444) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » G-bits Network Technology (Xiamen) Co Ltd (SHSE:603444) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008

Website

http://www.g-bits.com

G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.

Executives

Liang Li Li	senior management
Lu Hong Yan	Director
Gao Yan	Director

G-bits Network Technology (Xiamen) Co (SHSE:603444) Headlines

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