Wuhan Jingce Electronic Group Co (SZSE:300567) Accounts Payable & Accrued Expense : ¥1,029 Mil (As of Mar. 2024)

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What is Wuhan Jingce Electronic Group Co Accounts Payable & Accrued Expense?

Wuhan Jingce Electronic Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥847 Mil) to Dec. 2023 (¥1,199 Mil) but then declined from Dec. 2023 (¥1,199 Mil) to Mar. 2024 (¥1,029 Mil).

Wuhan Jingce Electronic Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥862 Mil) to Dec. 2022 (¥1,488 Mil) but then declined from Dec. 2022 (¥1,488 Mil) to Dec. 2023 (¥1,199 Mil).

Wuhan Jingce Electronic Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wuhan Jingce Electronic Group 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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Wuhan Jingce Electronic Group Co Accounts Payable & Accrued Expense Chart

Wuhan Jingce Electronic Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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629.58

1,026.45

861.76

1,487.80

1,199.39

Wuhan Jingce Electronic Group 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															1,109.96	1,039.58	847.00	1,199.39	1,028.69

Wuhan Jingce Electronic Group 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.

Wuhan Jingce Electronic Group Co (SZSE:300567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuhan Jingce Electronic Group Co Ltd (SZSE:300567) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.53 Nanhu Avenue, 4 Floor, Hongshan Science & Technology Innovation Center, Hongshan District, Wuhan, CHN, 430070

Website

http://www.wuhanjingce.com

Wuhan Jingce Electronic Group Co Ltd operates in the domestic flat panel display industry. The company is mainly engaged in the research and development, production and sales of flat panel display detection systems. The company's main products include module test system, panel test system, OLED test system, AOI system, touch panel test system and FPD automation equipment.

Executives

Shen Ya Fei	Directors, executives
Liu Bing Hua	Directors, executives
You Li Juan	Executives
Yang Shen Dong	Executives
Chen Kai	Directors, executives
Peng Qian	Director
Luo Zhen Chuan	Executives
Ma Jun	Executives
Han Yu Hua	Supervisors

Wuhan Jingce Electronic Group Co (SZSE:300567) Headlines

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