Googol Technology Co (SZSE:301510) Accounts Payable & Accrued Expense : ¥98.4 Mil (As of Jun. 2024)

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What is Googol Technology Co Accounts Payable & Accrued Expense?

Googol Technology Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (¥84.4 Mil) to Mar. 2024 (¥99.0 Mil) but then declined from Mar. 2024 (¥99.0 Mil) to Jun. 2024 (¥98.4 Mil).

Googol Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥56.7 Mil) to Dec. 2022 (¥60.0 Mil) and increased from Dec. 2022 (¥60.0 Mil) to Dec. 2023 (¥84.4 Mil).

Googol Technology Co Accounts Payable & Accrued Expense Historical Data

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

Googol Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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128.64

139.42

56.65

59.96

84.42

Googol Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											67.79	64.00	84.42	98.97	98.36

Googol 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.

Googol Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Googol Technology Co Ltd (SZSE:301510) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Shenzhen-Hong Kong Industry-University-Research Base, Room W211, 2nd Floor, West Building, High-tech Zone, Nanshan, South District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.googoltech.com.cn

Googol Technology Co Ltd a high-tech enterprise engaged in the research and development of manufacturing core technologies, is one of the comprehensive solution providers for fully interconnected intelligent manufacturing at home and abroad. Googol Technology focuses on the core technology research in the five directions of motion control, servo drive, multi-dimensional perception, industrial field network and industrial software. The operation and control technology and products of Googol Technology are widely used in industrial control fields such as microelectronics, robots, CNC machine tools, electronic processing, testing, printing, packaging and production automation.

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