Nexchip Semiconductor (SHSE:688249) Accounts Payable & Accrued Expense : ¥4,571 Mil (As of Mar. 2024)

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What is Nexchip Semiconductor Accounts Payable & Accrued Expense?

Nexchip Semiconductor's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥7,379 Mil) to Dec. 2023 (¥11,053 Mil) but then declined from Dec. 2023 (¥11,053 Mil) to Mar. 2024 (¥4,571 Mil).

Nexchip Semiconductor's annual accounts payable & accrued expense declined from Dec. 2021 (¥8,479 Mil) to Dec. 2022 (¥7,302 Mil) but then increased from Dec. 2022 (¥7,302 Mil) to Dec. 2023 (¥11,053 Mil).

Nexchip Semiconductor Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nexchip Semiconductor'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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Nexchip Semiconductor Accounts Payable & Accrued Expense Chart

Nexchip Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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377.65

1,313.19

8,478.77

7,301.78

11,052.79

Nexchip Semiconductor Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									6,756.05	6,730.90	7,378.90	11,052.79	4,571.46

Nexchip Semiconductor 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.

Nexchip Semiconductor (SHSE:688249) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nexchip Semiconductor Corp (SHSE:688249) » Definitions » Accounts Payable & Accrued Expense

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Address

No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.nexchip.com.cn

Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

Executives

Zhou Yi Liang	senior management
Cai Guo Zhi	Director
Cai Hui Jia	Senior management, core technical personnel
Zhu Cai Wei	Director

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