MCC Meili Cloud Computing Industry Investment Co (SZSE:000815) Accounts Payable & Accrued Expense : ¥241 Mil (As of Mar. 2024)

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What is MCC Meili Cloud Computing Industry Investment Co Accounts Payable & Accrued Expense?

MCC Meili Cloud Computing Industry Investment Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥317 Mil) to Dec. 2023 (¥256 Mil) and declined from Dec. 2023 (¥256 Mil) to Mar. 2024 (¥241 Mil).

MCC Meili Cloud Computing Industry Investment Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥385 Mil) to Dec. 2022 (¥501 Mil) but then declined from Dec. 2022 (¥501 Mil) to Dec. 2023 (¥256 Mil).

MCC Meili Cloud Computing Industry Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for MCC Meili Cloud Computing Industry Investment 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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MCC Meili Cloud Computing Industry Investment Co Accounts Payable & Accrued Expense Chart

MCC Meili Cloud Computing Industry Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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544.34

382.84

385.22

500.89

256.26

MCC Meili Cloud Computing Industry Investment 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															373.01	298.02	317.11	256.26	241.40

MCC Meili Cloud Computing Industry Investment 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.

MCC Meili Cloud Computing Industry Investment Co (SZSE:000815) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » MCC Meili Cloud Computing Industry Investment Co Ltd (SZSE:000815) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Telyuan Town, Shapotou District, Zhongwei, CHN

Website

http://www.china-meili.com

MCC Meili Cloud Computing Industry Investment Co Ltd is engaged in the manufacture and sale of cultural and specialty papers, and packaging papers. The business activities are functioned through China. The company's main products consist of Silver light high strength corrugated base paper, High-strength corrugated base paper. Color cardboard. Color offset paper. Loose leaf, Offset printing paper, Ruixue double adhesive tape, Electrostatic copy paper and others. Further, it is also involved in providing cloud platform services, cloud infrastructure services, cloud software services.

Executives

Yan Su	Director
Zhang Zi Min	Director
Liu Jing Xi	Director

MCC Meili Cloud Computing Industry Investment Co (SZSE:000815) Headlines

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