State Power Rixin Technology Co (SZSE:301162) Accounts Payable & Accrued Expense : ¥158.2 Mil (As of Mar. 2024)

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What is State Power Rixin Technology Co Accounts Payable & Accrued Expense?

State Power Rixin Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥117.7 Mil) to Dec. 2023 (¥174.1 Mil) but then declined from Dec. 2023 (¥174.1 Mil) to Mar. 2024 (¥158.2 Mil).

State Power Rixin Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥122.7 Mil) to Dec. 2022 (¥133.8 Mil) and increased from Dec. 2022 (¥133.8 Mil) to Dec. 2023 (¥174.1 Mil).

State Power Rixin Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for State Power Rixin 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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State Power Rixin Technology Co Accounts Payable & Accrued Expense Chart

State Power Rixin Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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39.78

100.30

122.68

133.83

174.06

State Power Rixin Technology Co Quarterly Data
	Dec17	Dec18	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															89.27	90.08	117.69	174.06	158.20

State Power Rixin 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.

State Power Rixin Technology Co (SZSE:301162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » State Power Rixin Technology Co Ltd (SZSE:301162) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 227, 2nd Floor, Building 1, Xisanqi Building Materials, Haidian District, Beijing, CHN, 100096

Website

https://www.sprixin.com

State Power Rixin Technology Co Ltd manufactures and distributes electrical power equipment. The Company produces power generation forecast products, new energy grid connected intelligent control systems, new energy power station intelligent operation systems, power grid new energy management systems, and others. State Power Rixin Technology also operates import and export businesses.

Executives

Ding Jiang Wei	Director
Yong Zheng	Directors, executives
Zhao Nan	Secretary Dong
Xiang Jie	Director
Wang Cai Yun	Directors, executives
Zhou Yong	Directors, executives
Qi Yan Qiao	Supervisors

State Power Rixin Technology Co (SZSE:301162) Headlines

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