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Shenzhen Topraysolar Co (SZSE:002218) Accounts Payable & Accrued Expense : ¥467 Mil (As of Mar. 2024)


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What is Shenzhen Topraysolar Co Accounts Payable & Accrued Expense?

Shenzhen Topraysolar Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥462 Mil) to Dec. 2023 (¥514 Mil) but then declined from Dec. 2023 (¥514 Mil) to Mar. 2024 (¥467 Mil).

Shenzhen Topraysolar Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥439 Mil) to Dec. 2022 (¥508 Mil) and increased from Dec. 2022 (¥508 Mil) to Dec. 2023 (¥514 Mil).

Shenzhen Topraysolar Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Topraysolar 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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Shenzhen Topraysolar Co Accounts Payable & Accrued Expense Chart

Shenzhen Topraysolar Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 828.94 787.91 438.99 507.68 513.91

Shenzhen Topraysolar 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 424.52 444.77 461.84 513.91 466.91

Shenzhen Topraysolar 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.

Shenzhen Topraysolar Co (SZSE:002218) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shenzhen Topraysolar Co Ltd (SZSE:002218) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Songbai Road, Nangang No.1 Industrial Park, Building 9 & 10, Xili, Nanshan District, Shenzhen, Guangdong, CHN, 518108
Website
http://www.topraysolar.com
Shenzhen Topraysolar Co Ltd is a solar manufacturer based in China. The company's main business operations cover the development, production, and sale of solar battery chips, components, solar application products, solar power system, solar energy absorbers and water heater system. The company has a global presence across Africa, Europe, and North America.
Executives
Chen Chen Director
Yang Guo Qiang Directors, executives
Li Fen Li Director
Chen Wu Kui Directors, executives
Jian Jin Ying Securities Affairs Representative
Ma Xiao Gang Supervisors

Shenzhen Topraysolar Co (SZSE:002218) Headlines

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