Xinxiang Richful Lube Additive Co (SZSE:300910) Accounts Payable & Accrued Expense : ¥394 Mil (As of Mar. 2024)

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What is Xinxiang Richful Lube Additive Co Accounts Payable & Accrued Expense?

Xinxiang Richful Lube Additive Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥386 Mil) to Dec. 2023 (¥426 Mil) but then declined from Dec. 2023 (¥426 Mil) to Mar. 2024 (¥394 Mil).

Xinxiang Richful Lube Additive Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥291 Mil) to Dec. 2022 (¥531 Mil) but then declined from Dec. 2022 (¥531 Mil) to Dec. 2023 (¥426 Mil).

Xinxiang Richful Lube Additive Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinxiang Richful Lube Additive 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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Xinxiang Richful Lube Additive Co Accounts Payable & Accrued Expense Chart

Xinxiang Richful Lube Additive Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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76.08

194.24

290.94

531.04

425.99

Xinxiang Richful Lube Additive 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															377.13	377.75	386.29	425.99	393.74

Xinxiang Richful Lube Additive 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.

Xinxiang Richful Lube Additive Co (SZSE:300910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Xinxiang Richful Lube Additive Co Ltd (SZSE:300910) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dazhaoying Industrial Zone, Henan Province (North of Xinhuo Road), Xinxiang, CHN, 453700

Website

http://www.sinoruifeng.com

Xinxiang Richful Lube Additive Co Ltd is engaged in the production and sales of fine chemical products. Its product range includes special papermaking chemicals and lubricant additives.

Executives

Ma Zhen Fang	Directors, executives
Zhang Yong	Supervisors
Shang Qing Chun	Directors, Directors, and Executives
Wang Shao Hui	Executives

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