OKE Precision Cutting Tools Co (SHSE:688308) Accounts Payable & Accrued Expense : ¥386 Mil (As of Mar. 2024)

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What is OKE Precision Cutting Tools Co Accounts Payable & Accrued Expense?

OKE Precision Cutting Tools Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥379 Mil) to Dec. 2023 (¥484 Mil) but then declined from Dec. 2023 (¥484 Mil) to Mar. 2024 (¥386 Mil).

OKE Precision Cutting Tools Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥179 Mil) to Dec. 2022 (¥455 Mil) and increased from Dec. 2022 (¥455 Mil) to Dec. 2023 (¥484 Mil).

OKE Precision Cutting Tools Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for OKE Precision Cutting Tools 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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OKE Precision Cutting Tools Co Accounts Payable & Accrued Expense Chart

OKE Precision Cutting Tools Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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117.44

139.15

179.43

455.11

483.88

OKE Precision Cutting Tools 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															426.22	399.50	378.75	483.88	385.72

OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co (SHSE:688308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » OKE Precision Cutting Tools Co Ltd (SHSE:688308) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8, Chuangye 4th Road, Small and Medium Enterprise Pioneer Park, Hunan Province. Lusong District, Yanling County, Zhuzhou, CHN, 412500

Website

http://www.oke-carbide.com

OKE Precision Cutting Tools Co Ltd is involved in the research and development, production and sales of cemented carbide products and CNC tool products. It offers CNC tool, carbide serrated blade, carbide disc and other cemented and carbide products.

Executives

Tan Wen Qing	Director
Su Zhen Hua	Director
Liang Bao Yu	Director
Han Hong Tao	Director
Yuan Mei He	Director

OKE Precision Cutting Tools Co (SHSE:688308) Headlines

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