Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) Accounts Payable & Accrued Expense : ¥25.8 Mil (As of Mar. 2024)

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What is Qinghai Spring Medicinal Resources Technology Co Accounts Payable & Accrued Expense?

Qinghai Spring Medicinal Resources Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥26.5 Mil) to Dec. 2023 (¥31.1 Mil) but then declined from Dec. 2023 (¥31.1 Mil) to Mar. 2024 (¥25.8 Mil).

Qinghai Spring Medicinal Resources Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥13.1 Mil) to Dec. 2022 (¥17.0 Mil) and increased from Dec. 2022 (¥17.0 Mil) to Dec. 2023 (¥31.1 Mil).

Qinghai Spring Medicinal Resources Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qinghai Spring Medicinal Resources 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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Qinghai Spring Medicinal Resources Technology Co Accounts Payable & Accrued Expense Chart

Qinghai Spring Medicinal Resources Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13.32

132.33

13.12

17.03

31.07

Qinghai Spring Medicinal Resources Technology 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															21.03	19.91	26.48	31.07	25.76

Qinghai Spring Medicinal Resources 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.

Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Qinghai Spring Medicinal Resources Technology Co Ltd (SHSE:600381) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

East New Road 1, Xining Economic and Technological Development Zone, Xining, CHN, 810007

Website

http://www.verygrass.com

Qinghai Spring Medicinal Resources Technology Co Ltd manufactures and sells coal products, marbles, steel products and textile products. It also engages in real estate, commodity trading activities and markets commodity housings in China.

Qinghai Spring Medicinal Resources Technology Co (SHSE:600381) Headlines

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