Bestechnic (Shanghai) Co (SHSE:688608) Accounts Payable & Accrued Expense : ¥312 Mil (As of Mar. 2024)

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What is Bestechnic (Shanghai) Co Accounts Payable & Accrued Expense?

Bestechnic (Shanghai) Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥353 Mil) to Dec. 2023 (¥431 Mil) but then declined from Dec. 2023 (¥431 Mil) to Mar. 2024 (¥312 Mil).

Bestechnic (Shanghai) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥413 Mil) to Dec. 2022 (¥307 Mil) but then increased from Dec. 2022 (¥307 Mil) to Dec. 2023 (¥431 Mil).

Bestechnic (Shanghai) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bestechnic (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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Bestechnic (Shanghai) Co Accounts Payable & Accrued Expense Chart

Bestechnic (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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101.36

212.45

413.06

306.72

431.44

Bestechnic (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															215.46	270.82	353.33	431.44	311.70

Bestechnic (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.

Bestechnic (Shanghai) Co (SHSE:688608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Bestechnic (Shanghai) Co Ltd (SHSE:688608) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 800, Huanhu West 2nd Road, Room 904, Lingang New Area, Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.bestechnic.com

Bestechnic (Shanghai) Co Ltd is engaged in the research and development, design and sales of smart audio SoC chips. It provides customers with edge smart master control platform chips with voice interaction capabilities in AIoT scenarios. The products are widely used in smart Bluetooth headsets, Type-C headsets, smart speakers and other devices.

Executives

Ding Xiao Peng

Core technical personnel

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