Sineng Electric Co (SZSE:300827) Accounts Payable & Accrued Expense : ¥3,434 Mil (As of Mar. 2024)

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What is Sineng Electric Co Accounts Payable & Accrued Expense?

Sineng Electric Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,272 Mil) to Dec. 2023 (¥3,985 Mil) but then declined from Dec. 2023 (¥3,985 Mil) to Mar. 2024 (¥3,434 Mil).

Sineng Electric Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,586 Mil) to Dec. 2022 (¥2,412 Mil) and increased from Dec. 2022 (¥2,412 Mil) to Dec. 2023 (¥3,985 Mil).

Sineng Electric Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sineng Electric 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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Sineng Electric Co Accounts Payable & Accrued Expense Chart

Sineng Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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826.02

1,119.32

1,585.58

2,411.85

3,985.27

Sineng Electric 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															2,472.55	3,349.26	3,272.37	3,985.27	3,433.84

Sineng Electric 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.

Sineng Electric Co (SZSE:300827) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sineng Electric Co Ltd (SZSE:300827) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 6 Hehui Road, Huishan District, Jiangsu Province, Wuxi, CHN, 214174

Website

http://www.si-neng.com

Sineng Electric Co Ltd is engaged in production and sales of power electronic equipment. The company is deeply involved in the field of power electronics energy conversion and control, providing users with products and solutions such as photovoltaic grid-connected inversion, photovoltaic power station operation and maintenance, photovoltaic power station development, power quality control, and energy storage bidirectional conversion. Its business covers the entire power generation, supply and distribution, and electricity consumption systems, and it is a leading equipment manufacturer and solution provider in related industries.

Executives

Chen Gan Feng	Directors, executives
Duan Yu He	Directors, executives
Li Jian Fei	Directors, executives
Zhao Long	Supervisors

Sineng Electric Co (SZSE:300827) Headlines

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