Guangdong Nedfon Air System Co (SZSE:301043) Accounts Payable & Accrued Expense : ¥72.0 Mil (As of Mar. 2024)

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What is Guangdong Nedfon Air System Co Accounts Payable & Accrued Expense?

Guangdong Nedfon Air System Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥73.6 Mil) to Dec. 2023 (¥80.0 Mil) but then declined from Dec. 2023 (¥80.0 Mil) to Mar. 2024 (¥72.0 Mil).

Guangdong Nedfon Air System Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥107.3 Mil) to Dec. 2022 (¥61.4 Mil) but then increased from Dec. 2022 (¥61.4 Mil) to Dec. 2023 (¥80.0 Mil).

Guangdong Nedfon Air System Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangdong Nedfon Air System 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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Guangdong Nedfon Air System Co Accounts Payable & Accrued Expense Chart

Guangdong Nedfon Air System Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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71.29

66.67

107.30

61.44

79.98

Guangdong Nedfon Air System Co Quarterly Data
	Dec18	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															62.06	66.69	73.56	79.98	71.98

Guangdong Nedfon Air System 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.

Guangdong Nedfon Air System Co (SZSE:301043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Nedfon Air System Co Ltd (SZSE:301043) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 15, Nanxing Road, Taicheng, Guangdong Province, Taishan, CHN, 529200

Website

http://www.nedfon.com

Guangdong Nedfon Air System Co Ltd is engaged in the design, development, production and sales of indoor ventilation system products.

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