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Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Accounts Payable & Accrued Expense : ¥23,257 Mil (As of Mar. 2024)


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What is Hangzhou Hik-Vision Digital Technology Co Accounts Payable & Accrued Expense?

Hangzhou Hik-Vision Digital Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥25,741 Mil) to Dec. 2023 (¥31,981 Mil) but then declined from Dec. 2023 (¥31,981 Mil) to Mar. 2024 (¥23,257 Mil).

Hangzhou Hik-Vision Digital Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥25,117 Mil) to Dec. 2022 (¥26,508 Mil) and increased from Dec. 2022 (¥26,508 Mil) to Dec. 2023 (¥31,981 Mil).


Hangzhou Hik-Vision Digital Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hangzhou Hik-Vision Digital Technology 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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Hangzhou Hik-Vision Digital Technology Co Accounts Payable & Accrued Expense Chart

Hangzhou Hik-Vision Digital Technology 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 18,635.78 20,803.70 25,117.34 26,507.96 31,981.44

Hangzhou Hik-Vision Digital Technology 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 19,684.35 23,127.98 25,740.95 31,981.44 23,256.60

Hangzhou Hik-Vision Digital Technology 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.


Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Business Description

Traded in Other Exchanges
N/A
Address
No.555 Qianmo Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Hangzhou Hikvision Digital Technology is the world's largest manufacturer of video surveillance equipment. Since then, the company has been growing its software and analytics offerings, as customers are increasingly seeking customized total solutions. Hikvision is also developing its Innovative businesses, which accounted for 18% of overall 2022 revenue. The smart-home business is powered by the EZVIZ consumer brand. Innovative business includes the development of industrial robotics, automotive electronics, X-ray sensors, infrared sensors, memory products and medical systems. Hikvision employs more than 58,000 people.

Hangzhou Hik-Vision Digital Technology Co (SZSE:002415) Headlines

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