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Gansu Shangfeng Cement Co (SZSE:000672) Accounts Payable & Accrued Expense : ¥3,376 Mil (As of Mar. 2024)


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What is Gansu Shangfeng Cement Co Accounts Payable & Accrued Expense?

Gansu Shangfeng Cement Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,972 Mil) to Dec. 2023 (¥3,239 Mil) but then increased from Dec. 2023 (¥3,239 Mil) to Mar. 2024 (¥3,376 Mil).

Gansu Shangfeng Cement Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,696 Mil) to Dec. 2022 (¥3,249 Mil) but then declined from Dec. 2022 (¥3,249 Mil) to Dec. 2023 (¥3,239 Mil).


Gansu Shangfeng Cement Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gansu Shangfeng Cement 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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Gansu Shangfeng Cement Co Accounts Payable & Accrued Expense Chart

Gansu Shangfeng Cement Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,301.75 2,031.82 2,696.32 3,248.91 3,238.75

Gansu Shangfeng Cement 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 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 3,277.83 3,325.04 3,972.08 3,238.75 3,375.66

Gansu Shangfeng Cement 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.


Gansu Shangfeng Cement Co (SZSE:000672) Business Description

Traded in Other Exchanges
N/A
Address
No. 738, Wenshan West Road, Unit E, Building 1, Xixi Legu Creative Industrial Park, Zhejiang Province, Hangzhou, CHN, 310000
Gansu Shangfeng Cement Co Ltd is a China-based company engaged in the business of manufacturing and selling cement and building materials. The company's projects are mainly located in Jining Weishan, Jinling, Anhui, Tongling and Yuhuaiyuan, Zhejiang Zhuji and other cities.
Executives
Zhao Lin Zhong Director
Chen Ming Yong Director
Xiao Jia Xiang Director
Gao Xiang Director
Yu Feng Directors, executives

Gansu Shangfeng Cement Co (SZSE:000672) Headlines

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