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Loongson Technology (SHSE:688047) Accounts Payable & Accrued Expense : ¥236.5 Mil (As of Mar. 2024)


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What is Loongson Technology Accounts Payable & Accrued Expense?

Loongson Technology's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥313.0 Mil) to Dec. 2023 (¥307.5 Mil) and declined from Dec. 2023 (¥307.5 Mil) to Mar. 2024 (¥236.5 Mil).

Loongson Technology's annual accounts payable & accrued expense declined from Dec. 2021 (¥330.5 Mil) to Dec. 2022 (¥322.0 Mil) and declined from Dec. 2022 (¥322.0 Mil) to Dec. 2023 (¥307.5 Mil).


Loongson Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Loongson Technology'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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Loongson Technology Accounts Payable & Accrued Expense Chart

Loongson Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 141.48 289.95 330.51 322.01 307.49

Loongson Technology Quarterly Data
Dec18 Dec19 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 329.55 334.85 313.05 307.49 236.54

Loongson Technology 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.


Loongson Technology (SHSE:688047) Business Description

Traded in Other Exchanges
N/A
Address
Yard 7, Dijin Road, Room 101, 1st Floor, Building 4, Haidian District, Beijing, CHN, 100095
Loongson Technology Corp Ltd is engaged in the development, sales and service of processors and supporting chips.

Loongson Technology (SHSE:688047) Headlines

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