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United Nova Technology Co (SHSE:688469) Accounts Payable & Accrued Expense : ¥3,253 Mil (As of Mar. 2024)


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What is United Nova Technology Co Accounts Payable & Accrued Expense?

United Nova Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥5,203 Mil) to Dec. 2023 (¥3,120 Mil) but then increased from Dec. 2023 (¥3,120 Mil) to Mar. 2024 (¥3,253 Mil).

United Nova Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,139 Mil) to Dec. 2022 (¥4,334 Mil) but then declined from Dec. 2022 (¥4,334 Mil) to Dec. 2023 (¥3,120 Mil).


United Nova Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for United Nova 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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United Nova Technology Co Accounts Payable & Accrued Expense Chart

United Nova Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
2,591.93 1,322.61 2,138.85 4,334.15 3,120.16

United Nova Technology Co Quarterly Data
Dec19 Dec20 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 5,033.98 4,434.64 5,202.50 3,120.16 3,253.20

United Nova 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.


United Nova Technology Co (SHSE:688469) Business Description

Traded in Other Exchanges
N/A
Address
No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
United Nova Technology Co Ltd formerly Semiconductor Manufacturing Electronics (Shaoxing) Corp provides foundry services focusing on technology solutions for power, connection and sensor signal chains. On top of wafer foundry service, SMEC also extended its foundry service to module packages in order to support semiconductor companies with a one-stop solution. SMEC provides a complete manufacturing platform to support customer mass production as well as technology development.

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