Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Accounts Payable & Accrued Expense : ¥1,435 Mil (As of Mar. 2024)

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What is Qingdao Hiron Commercial Cold Chain Co Accounts Payable & Accrued Expense?

Qingdao Hiron Commercial Cold Chain Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,422 Mil) to Dec. 2023 (¥1,463 Mil) but then declined from Dec. 2023 (¥1,463 Mil) to Mar. 2024 (¥1,435 Mil).

Qingdao Hiron Commercial Cold Chain Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,250 Mil) to Dec. 2022 (¥1,329 Mil) and increased from Dec. 2022 (¥1,329 Mil) to Dec. 2023 (¥1,463 Mil).

Qingdao Hiron Commercial Cold Chain Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qingdao Hiron Commercial Cold Chain 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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Qingdao Hiron Commercial Cold Chain Co Accounts Payable & Accrued Expense Chart

Qingdao Hiron Commercial Cold Chain Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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722.49

928.11

1,250.48

1,329.30

1,462.96

Qingdao Hiron Commercial Cold Chain 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															1,474.56	1,656.96	1,421.76	1,462.96	1,435.32

Qingdao Hiron Commercial Cold Chain 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.

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hiron Commercial Cold Chain Co Ltd (SHSE:603187) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 1817, Yinzhushan Road, Huangdao District, Shandong, Qingdao, CHN, 266400

Website

http://www.chinahiron.com

Qingdao Hiron Commercial Cold Chain Co Ltd is engaged in research and development, production, sales and service of commercial cold chain equipment. The company has a wide range of product types, including horizontal curved door freezer display cabinets, horizontal flat door freezer display cabinets, vertical freezer display cabinets, vertical refrigerated display cabinets, horizontal flat door refrigerated display cabinets, island cabinets, and air curtains.

Executives

Wang Yan Rong	Director
Wang Cun Jiang	Director
Zhao Ding Yong	Director
Ma Hong Kui	Director
Zhao Qi	Director

Qingdao Hiron Commercial Cold Chain Co (SHSE:603187) Headlines

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