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XDC Industries (Shenzhen) (SZSE:300615) Accounts Payable & Accrued Expense : ¥73.4 Mil (As of Mar. 2024)


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What is XDC Industries (Shenzhen) Accounts Payable & Accrued Expense?

XDC Industries (Shenzhen)'s quarterly accounts payable & accrued expense declined from Sep. 2023 (¥229.4 Mil) to Dec. 2023 (¥107.5 Mil) and declined from Dec. 2023 (¥107.5 Mil) to Mar. 2024 (¥73.4 Mil).

XDC Industries (Shenzhen)'s annual accounts payable & accrued expense increased from Dec. 2021 (¥94.4 Mil) to Dec. 2022 (¥277.9 Mil) but then declined from Dec. 2022 (¥277.9 Mil) to Dec. 2023 (¥107.5 Mil).


XDC Industries (Shenzhen) Accounts Payable & Accrued Expense Historical Data

The historical data trend for XDC Industries (Shenzhen)'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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XDC Industries (Shenzhen) Accounts Payable & Accrued Expense Chart

XDC Industries (Shenzhen) 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 67.35 70.17 94.43 277.92 107.46

XDC Industries (Shenzhen) 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 249.70 357.46 229.38 107.46 73.40

XDC Industries (Shenzhen) 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.


XDC Industries (Shenzhen) (SZSE:300615) Business Description

Traded in Other Exchanges
N/A
Address
No.05, Chaguang Road, 17th Floor, Vanke Yunchuang, Building B, Bodun Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518055
XDC Industries (Shenzhen) Ltd researches, develops, manufactures, and sells radio frequency metal components for mobile communication industry in China. The firm offers radio frequency, optical electronic, and light communication components, other precise parts and RF structures.
Executives
Liu Hui Director
Wang Zhang Hua Directors, executives
Sun Hai Long Directors, executives
Xue Feng Director
Shi Wei Ping Director
Qin Jie Executives
Lin Yan Jin Directors, executives

XDC Industries (Shenzhen) (SZSE:300615) Headlines

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