Avic (Chengdu) Uas Co (SHSE:688297) Accounts Payable & Accrued Expense : ¥1,170 Mil (As of Mar. 2024)

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What is Avic (Chengdu) Uas Co Accounts Payable & Accrued Expense?

Avic (Chengdu) Uas Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,123 Mil) to Dec. 2023 (¥1,274 Mil) but then declined from Dec. 2023 (¥1,274 Mil) to Mar. 2024 (¥1,170 Mil).

Avic (Chengdu) Uas Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥879 Mil) to Dec. 2022 (¥1,069 Mil) and increased from Dec. 2022 (¥1,069 Mil) to Dec. 2023 (¥1,274 Mil).

Avic (Chengdu) Uas Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Avic (Chengdu) Uas 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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Avic (Chengdu) Uas Co Accounts Payable & Accrued Expense Chart

Avic (Chengdu) Uas Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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59.40

878.90

1,068.96

1,273.83

Avic (Chengdu) Uas Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											1,457.52	1,243.48	1,122.65	1,273.83	1,169.77

Avic (Chengdu) Uas 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.

Avic (Chengdu) Uas Co (SHSE:688297) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Avic (Chengdu) Uas Co Ltd (SHSE:688297) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4, Xixin Avenue, High-tech West District, Sichuan Province, Chengdu, CHN, 611743

Website

https://www.avicuas.com

Avic (Chengdu) Uas Co Ltd is engaged in the design, production, repair, sales, leasing, after-sales service and technology development, technology transfer, technical consultation, and technical services of UAV systems, aerospace vehicles and their supporting products.

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