Shenzhen Transsion Holdings Co (SHSE:688036) Accounts Payable & Accrued Expense : ¥20,214 Mil (As of Mar. 2024)

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What is Shenzhen Transsion Holdings Co Accounts Payable & Accrued Expense?

Shenzhen Transsion Holdings Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥19,732 Mil) to Dec. 2023 (¥21,102 Mil) but then declined from Dec. 2023 (¥21,102 Mil) to Mar. 2024 (¥20,214 Mil).

Shenzhen Transsion Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥12,563 Mil) to Dec. 2022 (¥9,178 Mil) but then increased from Dec. 2022 (¥9,178 Mil) to Dec. 2023 (¥21,102 Mil).

Shenzhen Transsion Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Transsion Holdings 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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Shenzhen Transsion Holdings Co Accounts Payable & Accrued Expense Chart

Shenzhen Transsion Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,722.61

11,661.81

12,562.56

9,177.60

21,101.67

Shenzhen Transsion Holdings 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															9,867.56	15,434.32	19,731.51	21,101.67	20,214.47

Shenzhen Transsion Holdings 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.

Shenzhen Transsion Holdings Co (SHSE:688036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Transsion Holdings Co Ltd (SHSE:688036) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 9789 Shennan Road, 17th Floor, Desay Building, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.transsion.com

Shenzhen Transsion Holdings Co Ltd is a smart device and mobile internet service provider. It offers smart devices with mobile phones as the core products, and mobile internet service based on self-developed intelligent terminal operating system and massive mobile phone users. The company's brand portfolio comprises mobile phone brands including TECNO, itel and Infinix, Carlcare for after-sales services, oraimo for smart accessories, and Syinix for home appliances.

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