Nancal Technology Co (SHSE:603859) Accounts Payable & Accrued Expense : ¥572 Mil (As of Mar. 2024)

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What is Nancal Technology Co Accounts Payable & Accrued Expense?

Nancal Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥504 Mil) to Dec. 2023 (¥590 Mil) but then declined from Dec. 2023 (¥590 Mil) to Mar. 2024 (¥572 Mil).

Nancal Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥288 Mil) to Dec. 2022 (¥420 Mil) and increased from Dec. 2022 (¥420 Mil) to Dec. 2023 (¥590 Mil).

Nancal Technology Co Accounts Payable & Accrued Expense Historical Data

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

Nancal Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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264.52

282.94

287.67

420.39

590.43

Nancal Technology 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															466.57	481.27	503.66	590.43	572.36

Nancal 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.

Nancal Technology Co (SHSE:603859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nancal Technology Co Ltd (SHSE:603859) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Guba Road, Chengguan Street, Fangshan District, No 9, Beijing, CHN, 100193

Website

http://www.nancal.com

Nancal Technology Co Ltd provides energy saving and intelligent manufacturing hardware and software integrated solutions for industrial enterprises in China. The company operates through the following business division Smart Electrical, Smart Charging and Smart Manufacturing. Its products are applied in the fields of petrochemical industry, iron and steel metallurgy, coal mining, aviation equipment and power new energy.

Executives

Yu Sheng Tao	Director
Sun Jun Jie	senior management
Zhao Lan	Directors, senior managers
Lan Li Peng	Director

Nancal Technology Co (SHSE:603859) Headlines

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