Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Accounts Payable & Accrued Expense : $2,333 Mil (As of Dec. 2023)

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What is Nine Dragons Paper (Holdings) Accounts Payable & Accrued Expense?

Nine Dragons Paper (Holdings)'s quarterly accounts payable & accrued expense increased from Dec. 2022 ($1,722 Mil) to Jun. 2023 ($1,963 Mil) and increased from Jun. 2023 ($1,963 Mil) to Dec. 2023 ($2,333 Mil).

Nine Dragons Paper (Holdings)'s annual accounts payable & accrued expense increased from Jun. 2021 ($1,086 Mil) to Jun. 2022 ($1,568 Mil) and increased from Jun. 2022 ($1,568 Mil) to Jun. 2023 ($1,963 Mil).

Nine Dragons Paper (Holdings) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nine Dragons Paper (Holdings)'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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Nine Dragons Paper (Holdings) Accounts Payable & Accrued Expense Chart

Nine Dragons Paper (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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1,272.33

1,154.63

1,085.82

1,567.96

1,962.77

Nine Dragons Paper (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,445.83	1,567.96	1,721.55	1,962.77	2,332.73

Nine Dragons Paper (Holdings) 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.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nine Dragons Paper (Holdings) Ltd (OTCPK:NDGPY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

NDGPF:USA 02689:Hong Kong N3Y:Germany

Address

No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN

Website

http://www.ndpaper.com

Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner board, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the Group is also engaged in the production of printing and writing a paper in Dongguan and Taicang and the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. Substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Headlines

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