SORL Auto Parts (SORL Auto Parts) Accounts Payable & Accrued Expense : $193.5 Mil (As of Sep. 2019)

View and export this data going back to 2005. Start your Free Trial

What is SORL Auto Parts Accounts Payable & Accrued Expense?

SORL Auto Parts's quarterly accounts payable & accrued expense declined from Mar. 2019 ($256.3 Mil) to Jun. 2019 ($228.4 Mil) and declined from Jun. 2019 ($228.4 Mil) to Sep. 2019 ($193.5 Mil).

SORL Auto Parts's annual accounts payable & accrued expense increased from Dec. 2016 ($86.8 Mil) to Dec. 2017 ($148.0 Mil) and increased from Dec. 2017 ($148.0 Mil) to Dec. 2018 ($269.9 Mil).

SORL Auto Parts Accounts Payable & Accrued Expense Historical Data

The historical data trend for SORL Auto Parts'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.

* Premium members only.

SORL Auto Parts Accounts Payable & Accrued Expense Chart

SORL Auto Parts Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

28.53

49.16

86.77

148.03

269.86

SORL Auto Parts Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															237.79	269.86	256.32	228.39	193.49

SORL Auto Parts 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.

SORL Auto Parts (SORL Auto Parts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SORL Auto Parts Inc (NAS:SORL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

NO. 2666 KaiFaqu Avenue, Ruili Industry Area, Zhejiang Province, Ruian City, CHN, 325200

Website

http://www.sorl.cn

SORL Auto Parts Inc develops, manufactures and distributes automotive brake systems and other key safety-related auto parts to automotive original equipment manufacturers, and the related aftermarket both in China and internationally. The company is organized into two principal operating division: Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. Its key products are air brake system, tubes and fittings, ABS and diagnosis, power steering pumps, electrical and railway parts, and new energy parts. The company's products are principally used in different types of commercial vehicles, such as trucks and buses. Most of the firm's revenue gets generated through Commercial Vehicles Brake Systems segment.

Executives

Kevin R Keating

director, officer: President

190 LAKEVIEW WAY, VERO BEACH FL 32963