Suzhou Victory Precision Manufacture Co (SZSE:002426) Accounts Payable & Accrued Expense : ¥2,011 Mil (As of Mar. 2024)

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What is Suzhou Victory Precision Manufacture Co Accounts Payable & Accrued Expense?

Suzhou Victory Precision Manufacture Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,789 Mil) to Dec. 2023 (¥2,055 Mil) but then declined from Dec. 2023 (¥2,055 Mil) to Mar. 2024 (¥2,011 Mil).

Suzhou Victory Precision Manufacture Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥2,014 Mil) to Dec. 2022 (¥1,787 Mil) but then increased from Dec. 2022 (¥1,787 Mil) to Dec. 2023 (¥2,055 Mil).

Suzhou Victory Precision Manufacture Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suzhou Victory Precision Manufacture 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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Suzhou Victory Precision Manufacture Co Accounts Payable & Accrued Expense Chart

Suzhou Victory Precision Manufacture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,264.88

2,747.25

2,014.24

1,787.43

2,055.16

Suzhou Victory Precision Manufacture 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															1,574.53	1,572.85	1,789.19	2,055.16	2,010.61

Suzhou Victory Precision Manufacture 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.

Suzhou Victory Precision Manufacture Co (SZSE:002426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Victory Precision Manufacture Co Ltd (SZSE:002426) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 55 Xujing Road Xuguan, Industry Zone, Suzhou New District, Suzhou, CHN, 215151

Website

http://www.vicsz.com

Suzhou Victory Precision Manufacture Co Ltd is engaged in the business of manufacturing, designing, and selling precision mechanical parts. The products of the company are used in the television industry, notebook computers, and back covers.

Executives

Gao Yu Gen	Directors, executives
Wu Jia Fu	Directors, executives
Chen Xi	Supervisors
Bao Yan Qing	Directors, executives
Cao Hai Feng	Directors, executives
Chen Xiao Ming	Supervisors
Chen Yan Liang	Director
Gao Xue Song	Directors, executives
Xu Jia Jin	Director
Rui Yan Nian	Independent director
Zhang Hai Long	Executives

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