IEIT Systems Co (SZSE:000977) Accounts Payable & Accrued Expense : ¥13,907 Mil (As of Mar. 2024)

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What is IEIT Systems Co Accounts Payable & Accrued Expense?

IEIT Systems Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥13,575 Mil) to Dec. 2023 (¥13,311 Mil) but then increased from Dec. 2023 (¥13,311 Mil) to Mar. 2024 (¥13,907 Mil).

IEIT Systems Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥20,241 Mil) to Dec. 2022 (¥11,610 Mil) but then increased from Dec. 2022 (¥11,610 Mil) to Dec. 2023 (¥13,311 Mil).

IEIT Systems Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for IEIT Systems 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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IEIT Systems Co Accounts Payable & Accrued Expense Chart

IEIT Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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15,378.40

14,081.29

20,240.69

11,609.78

13,311.47

IEIT Systems 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															11,668.94	11,656.63	13,575.00	13,311.47	13,907.23

IEIT Systems 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.

IEIT Systems Co (SZSE:000977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IEIT Systems Co Ltd (SZSE:000977) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

1036 Langchao Road, Shandong Province, Jinan, CHN, 250101

Website

http://www.inspur.com

IEIT Systems Co Ltd formerly Inspur Electronic Information Industry Co Ltd is a China-based cloud computing, big data service provider. It is engaged in providing cloud computing solutions and services at IaaS, PaaS and SaaS levels. Its products include rack servers, blade systems, mission-critical systems, storage devices, mainframe security products and others. The company assists customers to build platforms underpinned by cloud computing infrastructure and based on its information software for governments, enterprises, and industries, terminal products, and solutions, the company support governments, enterprises, and industries in cloud construction. The company ships its IT products and services internationally.

Executives

Huang Jia Ming	Executives
Wu Long	Directors, executives
Gong Wei Feng	Executives
Chen Bin	Supervisors
Pang Song Tao	Director
Kong Liang	Executives
Guo Ji Jun	Executives
Hu Lei Jun	Executives
Zhang Ai Cheng	Executives

IEIT Systems Co (SZSE:000977) Headlines

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