Changhong Huayi Compressor Co (SZSE:000404) Accounts Payable & Accrued Expense : ¥6,674 Mil (As of Mar. 2024)

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What is Changhong Huayi Compressor Co Accounts Payable & Accrued Expense?

Changhong Huayi Compressor Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥6,235 Mil) to Dec. 2023 (¥6,302 Mil) and increased from Dec. 2023 (¥6,302 Mil) to Mar. 2024 (¥6,674 Mil).

Changhong Huayi Compressor Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥5,871 Mil) to Dec. 2022 (¥5,731 Mil) but then increased from Dec. 2022 (¥5,731 Mil) to Dec. 2023 (¥6,302 Mil).

Changhong Huayi Compressor Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Changhong Huayi Compressor 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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Changhong Huayi Compressor Co Accounts Payable & Accrued Expense Chart

Changhong Huayi Compressor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,232.02

4,868.20

5,870.72

5,730.54

6,301.83

Changhong Huayi Compressor 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															5,927.38	6,254.94	6,235.31	6,301.83	6,673.52

Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co (SZSE:000404) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changhong Huayi Compressor Co Ltd (SZSE:000404) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 1, Changhong Avenue, Gaoxin Development Zone, Jingdezhen, Jiangxi, CHN, 333001

Website

https://www.hua-yi.cn

Changhong Huayi Compressor Co Ltd is a China-based company that develops and produces various types of compressors such as refrigerators, freezers, water dispensers, ice machines, and dehumidifiers. The company has established partnerships for the purpose of sales with domestic and foreign refrigerator companies such as Haier, Hisense, Midea, Meiling and Germany Bosch-Siemens, Sweden Electrolux, Italy Yixixi, Spain Fagor, Liebherr, Samsung, Toshiba.

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