China Reform Culture Holdings Co (SHSE:600636) Accounts Payable & Accrued Expense : ¥64.3 Mil (As of Sep. 2023)

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What is China Reform Culture Holdings Co Accounts Payable & Accrued Expense?

China Reform Culture Holdings Co's quarterly accounts payable & accrued expense declined from Mar. 2023 (¥73.6 Mil) to Jun. 2023 (¥64.7 Mil) and declined from Jun. 2023 (¥64.7 Mil) to Sep. 2023 (¥64.3 Mil).

China Reform Culture Holdings Co's annual accounts payable & accrued expense declined from Dec. 2020 (¥196.0 Mil) to Dec. 2021 (¥170.8 Mil) and declined from Dec. 2021 (¥170.8 Mil) to Dec. 2022 (¥141.8 Mil).

China Reform Culture Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Reform Culture Holdings 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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China Reform Culture Holdings Co Accounts Payable & Accrued Expense Chart

China Reform Culture Holdings Co Annual Data

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Accounts Payable & Accrued Expense

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310.31

202.81

196.04

170.79

141.75

China Reform Culture Holdings Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															85.84	141.75	73.65	64.70	64.35

China Reform Culture Holdings 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.

China Reform Culture Holdings Co (SHSE:600636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Reform Culture Holdings Co Ltd (SHSE:600636) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 4, Chegongzhuang Street, Building 23, Xinhua 1949 Cultural and Creative Park, Xicheng District, Shanghai, CHN, 100044

Website

http://www.crhc-culture.com

China Reform Culture Holdings Co Ltd is engaged in cultural education business as well as the research, development, manufacture, and marketing of fluoropolymers, fluorocarbons refrigerant and fluorine fine chemicals. The company's primary products consist of fluorine polymers, chlorofluorocarbon (CFC) products and CFC substitutes, such as polyvinylidene fluoride (PVDF) functional resins, specialty fluorine rubbers, environment-friendly fluorine rubber products and polytetrafluoroethylene (PTFE) resins, among others.

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