VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Accounts Payable & Accrued Expense : ¥277 Mil (As of Mar. 2024)

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What is VeriSilicon Microelectronics Shanghai Co Accounts Payable & Accrued Expense?

VeriSilicon Microelectronics Shanghai Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥312 Mil) to Dec. 2023 (¥312 Mil) but then declined from Dec. 2023 (¥312 Mil) to Mar. 2024 (¥277 Mil).

VeriSilicon Microelectronics Shanghai Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥519 Mil) to Dec. 2022 (¥487 Mil) and declined from Dec. 2022 (¥487 Mil) to Dec. 2023 (¥312 Mil).

VeriSilicon Microelectronics Shanghai Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for VeriSilicon Microelectronics Shanghai 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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VeriSilicon Microelectronics Shanghai Co Accounts Payable & Accrued Expense Chart

VeriSilicon Microelectronics Shanghai Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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304.36

323.19

518.58

486.99

311.71

VeriSilicon Microelectronics Shanghai 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															297.69	333.48	311.66	311.71	276.98

VeriSilicon Microelectronics Shanghai 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.

VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VeriSilicon Microelectronics Shanghai Co Ltd (SHSE:688521) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.289, Chunxiao Road, 20A, Zhangjiang Building, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.verisilicon.com

VeriSilicon Microelectronics Shanghai Co Ltd provides its customers with platform-based, all-round, one-stop custom silicon services and semiconductor IP licensing services leveraging its in-house semiconductor IP. The company provides a variety of customized silicon solutions, including high-definition video, high-definition audio and voice, In-Vehicle Infotainment, video surveillance, IoT connectivity, data center. In addition, VeriSilicon has five types of in-house processor IPs, namely GPU IP, NPU IP, VPU, DSP IP and ISP IP, and more than 1,400 analog and mixed signal IPs and RF IPs.

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