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Ovctek China (SZSE:300595) Accounts Payable & Accrued Expense : ¥317 Mil (As of Mar. 2024)


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What is Ovctek China Accounts Payable & Accrued Expense?

Ovctek China's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥530 Mil) to Dec. 2023 (¥338 Mil) and declined from Dec. 2023 (¥338 Mil) to Mar. 2024 (¥317 Mil).

Ovctek China's annual accounts payable & accrued expense increased from Dec. 2021 (¥209 Mil) to Dec. 2022 (¥219 Mil) and increased from Dec. 2022 (¥219 Mil) to Dec. 2023 (¥338 Mil).

Ovctek China Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ovctek China'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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Ovctek China Accounts Payable & Accrued Expense Chart

Ovctek China 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 131.69 184.78 209.11 219.13 338.35

Ovctek China 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 276.91 252.10 529.84 338.35 317.30

Ovctek China 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.

Ovctek China (SZSE:300595) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ovctek China Inc (SZSE:300595) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
No. 4899 Wangjiang West Road, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Website
http://www.orthok.cn
Ovctek China Inc is a China-based company engaged in the research and development, production, and sales of rigid gas permeable contact lens products. Its products include Hard Mirror, Mirror Teshu family, High-end ophthalmic products, and Security products. The company-owned trademarks are DreamVision, DreamDawei, Ri Dawei, Hua Cone, Jing Teshu, openvision, and Mengshiqing among others.
Executives
Tao Yue Qun Directors, executives
Directors, executives
Yin Yin Director

Ovctek China (SZSE:300595) Headlines

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