Shenzhen MinDe Electronics Technology (SZSE:300656) Accounts Payable & Accrued Expense : ¥141.3 Mil (As of Mar. 2024)

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What is Shenzhen MinDe Electronics Technology Accounts Payable & Accrued Expense?

Shenzhen MinDe Electronics Technology's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥115.2 Mil) to Dec. 2023 (¥183.6 Mil) but then declined from Dec. 2023 (¥183.6 Mil) to Mar. 2024 (¥141.3 Mil).

Shenzhen MinDe Electronics Technology's annual accounts payable & accrued expense increased from Dec. 2021 (¥72.3 Mil) to Dec. 2022 (¥90.0 Mil) and increased from Dec. 2022 (¥90.0 Mil) to Dec. 2023 (¥183.6 Mil).

Shenzhen MinDe Electronics Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen MinDe Electronics Technology'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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Shenzhen MinDe Electronics Technology Accounts Payable & Accrued Expense Chart

Shenzhen MinDe Electronics Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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41.59

61.17

72.31

90.03

183.62

Shenzhen MinDe Electronics Technology 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															81.29	92.14	115.19	183.62	141.32

Shenzhen MinDe Electronics Technology 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.

Shenzhen MinDe Electronics Technology (SZSE:300656) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shenzhen MinDe Electronics Technology Ltd (SZSE:300656) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.5, Kezhi Xi Road, 5th Floor, Section 1, 25th Block, Keji Yuan, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.mindeo.cn

Shenzhen MinDe Electronics Technology Ltd is a Chinese company engaged in designing, developing and manufacturing barcode scan instruments. Its products include handheld barcode scanners, cordless barcode scanners, scan engines, image platform, and lightweight data terminal, among others. The application domains are manufacturing, retailing, postage, logistic and medical services. It has customers in China and in various other countries.

Executives

Huang Xiao Dong	Directors, executives
Gao Jian	Directors, executives
Luo Yuan Xiong	Supervisors
Zou Shan Feng	Director
Fan Zhang Zheng	Directors, executives
Yi Yang Qing	Directors, executives
Bai Nan	Supervisors
Chen Guo Bing	Securities Affairs Representative
Xu Wen Huan	Directors, executives

Shenzhen MinDe Electronics Technology (SZSE:300656) Headlines

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