Chongqing Zaisheng Technology Co (SHSE:603601) Accounts Payable & Accrued Expense

: ¥301 Mil (As of Sep. 2023)

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Chongqing Zaisheng Technology Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥262 Mil) to Jun. 2023 (¥279 Mil) and increased from Jun. 2023 (¥279 Mil) to Sep. 2023 (¥301 Mil).

Chongqing Zaisheng Technology Co's annual accounts payable & accrued expense declined from Dec. 2020 (¥324 Mil) to Dec. 2021 (¥318 Mil) and declined from Dec. 2021 (¥318 Mil) to Dec. 2022 (¥305 Mil).

Chongqing Zaisheng Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chongqing Zaisheng Technology 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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Chongqing Zaisheng Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

454.14

502.79

324.16

317.80

304.50

Chongqing Zaisheng Technology 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																378.12	304.50	262.25	278.66	301.15

Chongqing Zaisheng Technology 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.

Chongqing Zaisheng Technology Co (SHSE:603601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chongqing Zaisheng Technology Co Ltd (SHSE:603601) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liangang Avenue, Huixing Street, Building 1, No. 197, Yubei District, Chongqing, CHN, 401120

Website

http://www.cqzskj.com

Chongqing Zaisheng Technology Co Ltd is engaged in researching, manufacturing, and marketing of glass microfiber products which are used in the purification and energy-saving field. The company's core products are profile include Glass Microfiber Filter and Fiberglass VIP Core Material. Its other products are AGM Separator, Air Laid Cotton, Dry Method VIP, Glass fiber filter, and others.

Chongqing Zaisheng Technology Co (SHSE:603601) Headlines

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