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Zhejiang Mustang Battery Co (SHSE:605378) Accounts Payable & Accrued Expense : ¥247 Mil (As of Mar. 2024)


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What is Zhejiang Mustang Battery Co Accounts Payable & Accrued Expense?

Zhejiang Mustang Battery Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥300 Mil) to Dec. 2023 (¥282 Mil) and declined from Dec. 2023 (¥282 Mil) to Mar. 2024 (¥247 Mil).

Zhejiang Mustang Battery Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥236 Mil) to Dec. 2022 (¥239 Mil) and increased from Dec. 2022 (¥239 Mil) to Dec. 2023 (¥282 Mil).


Zhejiang Mustang Battery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Mustang Battery 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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Zhejiang Mustang Battery Co Accounts Payable & Accrued Expense Chart

Zhejiang Mustang Battery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 232.54 276.90 236.40 239.17 282.50

Zhejiang Mustang Battery Co Quarterly Data
Dec17 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 204.27 218.24 299.69 282.50 246.98

Zhejiang Mustang Battery 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.


Zhejiang Mustang Battery Co (SHSE:605378) Business Description

Traded in Other Exchanges
N/A
Address
818 Rongji Road, Luotuo Street, Zhenhai District, Zhejiang Province, Ningbo, CHN, 315202
Zhejiang Mustang Battery Co Ltd is engaged in the research and development, production and sales of high-performance, environmentally friendly zinc-manganese batteries.

Zhejiang Mustang Battery Co (SHSE:605378) Headlines

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