Jinan Acetate Chemical Co (TPE:4763) Accounts Payable & Accrued Expense : NT$855 Mil (As of Mar. 2024)

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What is Jinan Acetate Chemical Co Accounts Payable & Accrued Expense?

Jinan Acetate Chemical Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (NT$1,632 Mil) to Dec. 2023 (NT$918 Mil) and declined from Dec. 2023 (NT$918 Mil) to Mar. 2024 (NT$855 Mil).

Jinan Acetate Chemical Co's annual accounts payable & accrued expense increased from Dec. 2021 (NT$357 Mil) to Dec. 2022 (NT$875 Mil) and increased from Dec. 2022 (NT$875 Mil) to Dec. 2023 (NT$918 Mil).

Jinan Acetate Chemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jinan Acetate Chemical 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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Jinan Acetate Chemical Co Accounts Payable & Accrued Expense Chart

Jinan Acetate Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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379.67

314.38

356.53

875.13

917.77

Jinan Acetate Chemical 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															750.86	1,130.80	1,632.28	917.77	855.29

Jinan Acetate Chemical 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.

Jinan Acetate Chemical Co (TPE:4763) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jinan Acetate Chemical Co Ltd (TPE:4763) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.7 of Taixing East Street, Jiyang County, Shandong Province, Jinan, CHN

Website

http://www.acetek.com.cn

Jinan Acetate Chemical Co Ltd is a chemical company based in China. The company is engaged in the manufacturing and sales of cellulose acetate products. It derives a majority of its revenue from Cellulose acetate tow products. Geographically, it generates maximum revenue from Asia and also has a presence in America, Africa, and Other Countries.

Jinan Acetate Chemical Co (TPE:4763) Headlines

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