Zhangjiagang Guangda Special Material Co (SHSE:688186) Accounts Payable & Accrued Expense : ¥2,443 Mil (As of Mar. 2024)

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What is Zhangjiagang Guangda Special Material Co Accounts Payable & Accrued Expense?

Zhangjiagang Guangda Special Material Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,659 Mil) to Dec. 2023 (¥2,412 Mil) but then increased from Dec. 2023 (¥2,412 Mil) to Mar. 2024 (¥2,443 Mil).

Zhangjiagang Guangda Special Material Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,961 Mil) to Dec. 2022 (¥2,681 Mil) but then declined from Dec. 2022 (¥2,681 Mil) to Dec. 2023 (¥2,412 Mil).

Zhangjiagang Guangda Special Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhangjiagang Guangda Special Material 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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Zhangjiagang Guangda Special Material Co Accounts Payable & Accrued Expense Chart

Zhangjiagang Guangda Special Material Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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702.63

906.11

1,961.18

2,681.36

2,412.15

Zhangjiagang Guangda Special Material 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															2,688.91	2,899.18	2,658.87	2,412.15	2,443.23

Zhangjiagang Guangda Special Material 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.

Zhangjiagang Guangda Special Material Co (SHSE:688186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhangjiagang Guangda Special Material Co Ltd (SHSE:688186) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Fenghuang Town, Langanqiao Development Zone, Jiangsu Province, Anqing Village, Zhangjiagang, CHN, 215614

Website

http://www.zjggdtc.com

Zhangjiagang Guangda Special Material Co Ltd is engaged in production and sale of special steel materials. The company's products include various types of castings and forgings and machine accessories: such as forged round bar, die and tool steel, wind power spindle, heavy load gear motor shaft, high pressure boiler pipe, roller, oil mechanical driller, tube-shaped forging, die block, ring forging, disk-shaped forging and all kinds of abnormal forgings. Its products are used in various industries such as wind power, chemical engineering, machinery, automobile, vessel, power station, metallurgy, mining and petrochemical.

Executives

Gu Jin Cai	senior management
Zhou Qing Chun	Core technical personnel

Zhangjiagang Guangda Special Material Co (SHSE:688186) Headlines

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