Contemporary Amperex Technology Co (SZSE:300750) Accounts Payable & Accrued Expense : ¥226,141 Mil (As of Mar. 2024)

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What is Contemporary Amperex Technology Co Accounts Payable & Accrued Expense?

Contemporary Amperex Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥226,202 Mil) to Dec. 2023 (¥234,796 Mil) but then declined from Dec. 2023 (¥234,796 Mil) to Mar. 2024 (¥226,141 Mil).

Contemporary Amperex Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥120,893 Mil) to Dec. 2022 (¥250,047 Mil) but then declined from Dec. 2022 (¥250,047 Mil) to Dec. 2023 (¥234,796 Mil).

Contemporary Amperex Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Contemporary Amperex 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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Contemporary Amperex Technology Co Accounts Payable & Accrued Expense Chart

Contemporary Amperex Technology Co Annual Data

Trend

Dec14

Dec15

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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35,955.90

39,657.83

120,892.84

250,046.97

234,795.79

Contemporary Amperex 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															243,526.90	221,462.55	226,201.52	234,795.79	226,140.80

Contemporary Amperex 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.

Contemporary Amperex Technology Co (SZSE:300750) Business Description

Industry

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Traded in Other Exchanges

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Address

No. 2, Xingang Road, Liwan Town, Jiaocheng District, Fujian Province, Ningde City, CHN, 352100

Website

http://www.catlbattery.com

CATL, headquartered in Ningde, Fujian Province, is a global leading Chinese battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.

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