Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Accounts Payable & Accrued Expense : ¥1,111 Mil (As of Dec. 2023)

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What is Tianjin Tianyao Pharmaceutical Co Accounts Payable & Accrued Expense?

Tianjin Tianyao Pharmaceutical Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥1,148 Mil) to Sep. 2023 (¥1,107 Mil) but then increased from Sep. 2023 (¥1,107 Mil) to Dec. 2023 (¥1,111 Mil).

Tianjin Tianyao Pharmaceutical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥893 Mil) to Dec. 2022 (¥1,184 Mil) but then declined from Dec. 2022 (¥1,184 Mil) to Dec. 2023 (¥1,111 Mil).

Tianjin Tianyao Pharmaceutical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tianjin Tianyao Pharmaceutical 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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Tianjin Tianyao Pharmaceutical Co Accounts Payable & Accrued Expense Chart

Tianjin Tianyao Pharmaceutical Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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762.13

920.65

892.98

1,183.80

1,111.29

Tianjin Tianyao Pharmaceutical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,183.80	1,213.37	1,147.51	1,107.25	1,111.29

Tianjin Tianyao Pharmaceutical 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.

Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tianjin Tianyao Pharmaceutical Co Ltd (SHSE:600488) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 109 Bawei Road, Hedong District, Tianjin, Tianjin, CHN, 300171

Website

http://www.kingyork.biz/tianyaoyaoye

Tianjin Tianyao Pharmaceutical Co Ltd is a China-based company engages in the development, manufacture, distribution, and export of pharmaceutical products. Its products include corticosteroids and cardiovascular medicine, dexamethasone, and cortisone acetate.

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