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Xiamen Intretech (SZSE:002925) Accounts Payable & Accrued Expense : ¥766 Mil (As of Mar. 2024)


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What is Xiamen Intretech Accounts Payable & Accrued Expense?

Xiamen Intretech's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,028 Mil) to Dec. 2023 (¥925 Mil) and declined from Dec. 2023 (¥925 Mil) to Mar. 2024 (¥766 Mil).

Xiamen Intretech's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,447 Mil) to Dec. 2022 (¥970 Mil) and declined from Dec. 2022 (¥970 Mil) to Dec. 2023 (¥925 Mil).

Xiamen Intretech Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xiamen Intretech'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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Xiamen Intretech Accounts Payable & Accrued Expense Chart

Xiamen Intretech 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 996.22 1,780.16 1,446.50 970.07 925.37

Xiamen Intretech 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 1,041.18 1,070.52 1,027.79 925.37 765.82

Xiamen Intretech 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.

Xiamen Intretech (SZSE:002925) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xiamen Intretech Inc (SZSE:002925) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
2-7 Floor, No. 588 Jiahe Road, Torch Park, Huli District, Fujian, Xiamen, CHN, 361006
Website
http://www.intretech.com
Xiamen Intretech Inc manufactures family entertainment control equipment, man-machine interface control equipment, computer automatic storage equipment, automotive electronics and related electronic products. Its overseas business is mainly on Original Design Manufacturing (ODM) and Original Equipment Manufacturer (OEM) business with global brand products.

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