Qilian International Holding Group (Qilian International Holding Group) Accounts Payable & Accrued Expense : $5.00 Mil (As of Sep. 2023)

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What is Qilian International Holding Group Accounts Payable & Accrued Expense?

Qilian International Holding Group's quarterly accounts payable & accrued expense declined from Sep. 2022 ($6.81 Mil) to Mar. 2023 ($5.99 Mil) and declined from Mar. 2023 ($5.99 Mil) to Sep. 2023 ($5.00 Mil).

Qilian International Holding Group's annual accounts payable & accrued expense declined from Sep. 2021 ($7.42 Mil) to Sep. 2022 ($6.81 Mil) and declined from Sep. 2022 ($6.81 Mil) to Sep. 2023 ($5.00 Mil).

Qilian International Holding Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qilian International Holding Group'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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Qilian International Holding Group Accounts Payable & Accrued Expense Chart

Qilian International Holding Group Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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4.45

7.06

7.42

6.81

5.00

Qilian International Holding Group Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								7.42	5.82	6.81	5.99	5.00

Qilian International Holding Group 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.

Qilian International Holding Group (Qilian International Holding Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Qilian International Holding Group Ltd (NAS:QLI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuquan Economic and Technological Development Zone, Gansu Province, Jiuquan, CHN, 735000

Website

http://ir.qlsyy.net

Qilian International Holding Group Ltd is a pharmaceutical and chemical company. The company is engaged in the development, manufacture, marketing, and sale of licorice products, oxytetracycline products, traditional Chinese medicine derivatives products, heparin products, sausage casings, and fertilizers. It operates through three segments namely, Oxytetracycline and Licorice products and TCMD; Fertilizer; and Heparin products and Sausage casing. Oxytetracycline and Licorice products and TCMD segment generates majority of the revenue.