Ningbo Deye Technology Co (SHSE:605117) Accounts Payable & Accrued Expense : ¥2,129 Mil (As of Mar. 2024)

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What is Ningbo Deye Technology Co Accounts Payable & Accrued Expense?

Ningbo Deye Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,221 Mil) to Dec. 2023 (¥1,997 Mil) but then increased from Dec. 2023 (¥1,997 Mil) to Mar. 2024 (¥2,129 Mil).

Ningbo Deye Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,182 Mil) to Dec. 2022 (¥2,345 Mil) but then declined from Dec. 2022 (¥2,345 Mil) to Dec. 2023 (¥1,997 Mil).

Ningbo Deye Technology Co Accounts Payable & Accrued Expense Historical Data

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

Ningbo Deye Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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587.27

729.39

1,182.47

2,344.83

1,997.48

Ningbo Deye Technology Co Quarterly Data
	Dec17	Dec18	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															2,451.75	2,533.62	2,221.41	1,997.48	2,129.07

Ningbo Deye 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.

Ningbo Deye Technology Co (SHSE:605117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ningbo Deye Technology Co Ltd (SHSE:605117) » Definitions » Accounts Payable & Accrued Expense

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Address

No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806

Website

http://www.deye.com.cn

Ningbo Deye Technology Co Ltd is engaged in the production and sales of components such as evaporators, condensers, and frequency conversion control chips, as well as environmental electrical products such as dehumidifiers and air source heat pump heaters.

Ningbo Deye Technology Co (SHSE:605117) Headlines

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