MLS Co (SZSE:002745) Accounts Payable & Accrued Expense : ¥8,134 Mil (As of Jun. 2024)

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What is MLS Co Accounts Payable & Accrued Expense?

MLS Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (¥8,208 Mil) to Mar. 2024 (¥8,386 Mil) but then declined from Mar. 2024 (¥8,386 Mil) to Jun. 2024 (¥8,134 Mil).

MLS Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥8,821 Mil) to Dec. 2022 (¥7,014 Mil) but then increased from Dec. 2022 (¥7,014 Mil) to Dec. 2023 (¥8,208 Mil).

MLS Co Accounts Payable & Accrued Expense Historical Data

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

MLS Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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9,628.51

7,259.56

8,820.78

7,013.58

8,207.72

MLS Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6,795.27	7,355.24	8,207.72	8,385.69	8,133.55

MLS 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.

MLS Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MLS Co Ltd (SZSE:002745) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 MLS Road, Xiaolan Town, Zhongshan, Guangdong, CHN, 528415

Website

http://www.zsmls.com

MLS Co Ltd is a China-based company engages in the manufacturing and packaging of LED light bulbs. It offers LED ceiling lights, road lights, kitchen lamps, downlights, candle lights, bulb lights, tube lights, rail lamps, grille lamps, filament bulbs, and diodes, as well as light strip. Its products are widely used in commercial lighting, home lighting, industrial and public lighting. The company distributes its products in domestic market and to overseas markets.

Executives

Sun Qing Huan	Directors, executives
Zhou Li Hong	Directors, executives
Zheng Ming Bo	Directors, executives
Li Guan Qun	Executives
Xiao Yan Song	Secretary Dong
Liu Tian Ming	Supervisors
Yi Ya Nan	Directors, executives
Wang Gang	Independent director

MLS Co Headlines

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