Est Tools Co (SZSE:300488) Accounts Payable & Accrued Expense : ¥78.9 Mil (As of Mar. 2024)

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What is Est Tools Co Accounts Payable & Accrued Expense?

Est Tools Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥94.8 Mil) to Dec. 2023 (¥93.2 Mil) and declined from Dec. 2023 (¥93.2 Mil) to Mar. 2024 (¥78.9 Mil).

Est Tools Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥144.7 Mil) to Dec. 2022 (¥146.5 Mil) but then declined from Dec. 2022 (¥146.5 Mil) to Dec. 2023 (¥93.2 Mil).

Est Tools Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Est 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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Est Tools Co Accounts Payable & Accrued Expense Chart

Est Tools Co Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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87.51

90.57

144.67

146.52

93.25

Est 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															103.03	120.52	94.78	93.25	78.94

Est 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.

Est Tools Co (SZSE:300488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Est Tools Co Ltd (SZSE:300488) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 239 Xinqiao North Road, Wuyuan Town, Zhejiang Province, Jiaxing, CHN, 314300

Website

http://www.esttools.com

Est Tools Co Ltd is engaged the company is engaged in the research and development, production and sales of machine tools. The products mainly include precision complex, miscellaneous tools, spline measuring tools, precision cutting tools, and other metal cutting tools and high-precision measuring instruments. The company also offer edge measuring tools, including thread cutters, spline gages, and molding cutters.

Executives

Xu Jian Wei	Supervisors
Hu Jin Qiu	Securities Affairs Representative
Chen Er Rong	Director
Zheng Ji Liang	Executives
Zhou Yao Juan	Executives
He Qin Song	Executives
Yao Hai Feng	Executives

Est Tools Co (SZSE:300488) Headlines

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