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Xiamen Solex High-Tech Industries Co (SHSE:603992) Accounts Payable & Accrued Expense : ¥638 Mil (As of Mar. 2024)


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What is Xiamen Solex High-Tech Industries Co Accounts Payable & Accrued Expense?

Xiamen Solex High-Tech Industries Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥649 Mil) to Dec. 2023 (¥863 Mil) but then declined from Dec. 2023 (¥863 Mil) to Mar. 2024 (¥638 Mil).

Xiamen Solex High-Tech Industries Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥914 Mil) to Dec. 2022 (¥782 Mil) but then increased from Dec. 2022 (¥782 Mil) to Dec. 2023 (¥863 Mil).


Xiamen Solex High-Tech Industries Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xiamen Solex High-Tech Industries 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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Xiamen Solex High-Tech Industries Co Accounts Payable & Accrued Expense Chart

Xiamen Solex High-Tech Industries Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 531.75 657.03 913.88 782.01 862.86

Xiamen Solex High-Tech Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 636.37 698.56 649.13 862.86 638.03

Xiamen Solex High-Tech Industries 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.


Xiamen Solex High-Tech Industries Co (SHSE:603992) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Haijing East Road, A06, 4th Floor, Xiamen District, Fujian Province, China (Fujian) Free Trade Zone, Xiamen, CHN, 361026
Xiamen Solex High-Tech Industries Co Ltd is engaged in the designing and manufacturing of precision product lines, such as showers, hoses, faucets, shower systems, enclosures, cabinets and others.
Executives
Wei Ling Directors, senior managers
Wu Chao Hua Directors, senior managers
Cao Bin senior management
Chen Bin Directors, senior managers

Xiamen Solex High-Tech Industries Co (SHSE:603992) Headlines

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