Ruitai Materials Technology Co (SZSE:002066) Accounts Payable & Accrued Expense : ¥1,753 Mil (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Ruitai Materials Technology Co Accounts Payable & Accrued Expense?

Ruitai Materials Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,968 Mil) to Dec. 2023 (¥1,644 Mil) but then increased from Dec. 2023 (¥1,644 Mil) to Mar. 2024 (¥1,753 Mil).

Ruitai Materials Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,127 Mil) to Dec. 2022 (¥1,715 Mil) but then declined from Dec. 2022 (¥1,715 Mil) to Dec. 2023 (¥1,644 Mil).

Ruitai Materials Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ruitai Materials Technology 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.

* Premium members only.

Ruitai Materials Technology Co Accounts Payable & Accrued Expense Chart

Ruitai Materials Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

1,320.40

1,008.01

1,126.73

1,714.70

1,644.33

Ruitai Materials Technology 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															1,875.40	1,864.89	1,968.02	1,644.33	1,752.61

Ruitai Materials Technology 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.

Ruitai Materials Technology Co (SZSE:002066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ruitai Materials Technology Co Ltd (SZSE:002066) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.1, Wuliqiao 1st Street, Building 27, Chaoyang District, Beijing, CHN, 100024

Website

http://www.bjruitai.com

Ruitai Materials Technology Co Ltd is a China-based company engaged in the development and production of shaped and amorphous refractory materials and various types of wear-resistant materials. The company provides a fused cast, basic, alumina-silica, silica, and unshaped refractories, as well as polybasic alloyed casting balls and bars, and low chromium alloyed castings and capsules. It also provides installation and transportation services for high-temperature furnaces. It caters to the glass, cement, nonferrous, electrical and petrochemical industry.

Executives

Ma Zhen Zhu	Director
Dai Zhang You	Executives
Sun Xiang Yun	Director
Ceng Da Fan	Director
Hu Jie	Supervisors
Cheng Jie	Supervisors
Gu Su Qin	Director
Hu Jian Kun	Director

Ruitai Materials Technology Co (SZSE:002066) Headlines

No Headlines