Shanghai Guao Electronic Technology Co (SZSE:300551) Accounts Payable & Accrued Expense : ¥166.7 Mil (As of Mar. 2024)

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What is Shanghai Guao Electronic Technology Co Accounts Payable & Accrued Expense?

Shanghai Guao Electronic Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥485.1 Mil) to Dec. 2023 (¥207.0 Mil) and declined from Dec. 2023 (¥207.0 Mil) to Mar. 2024 (¥166.7 Mil).

Shanghai Guao Electronic Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥179.9 Mil) to Dec. 2022 (¥196.6 Mil) and increased from Dec. 2022 (¥196.6 Mil) to Dec. 2023 (¥207.0 Mil).

Shanghai Guao Electronic Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Guao Electronic 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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Shanghai Guao Electronic Technology Co Accounts Payable & Accrued Expense Chart

Shanghai Guao Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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219.08

131.11

179.94

196.62

207.03

Shanghai Guao Electronic 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															174.70	185.15	485.09	207.03	166.70

Shanghai Guao Electronic 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.

Shanghai Guao Electronic Technology Co (SZSE:300551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Guao Electronic Technology Co Ltd (SZSE:300551) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.6, Alley 1225 TongPu Road, PuTuo District, Shanghai, CHN, 200333

Website

http://www.gooao.cn

Shanghai Guao Electronic Technology Co Ltd is a high-tech enterprise specializing in research and development, production, sales and service of financial equipment in China. Its products portfolio includes banknote (coin) sorting machine, the banknote clearing line, the RMB point detector, the multi-country currency point detector, the banknote clearing and laminating machine, the banknote machine, the multi-country currency identification instrument, and the clearing machine.

Executives

Hou Yao Qi	Director
Chen Chong Jun	Director
Li Rui Ming	Executives
Zhang Xiang Yu	Directors, executives
Jiang Xiao Dan	Directors, executives
Liu Peng	Securities Affairs Representative

Shanghai Guao Electronic Technology Co (SZSE:300551) Headlines

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