Sichuan Haowu Electromechanical Co (SZSE:000757) Accounts Payable & Accrued Expense : ¥519 Mil (As of Sep. 2023)

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What is Sichuan Haowu Electromechanical Co Accounts Payable & Accrued Expense?

Sichuan Haowu Electromechanical Co's quarterly accounts payable & accrued expense declined from Mar. 2023 (¥480 Mil) to Jun. 2023 (¥472 Mil) but then increased from Jun. 2023 (¥472 Mil) to Sep. 2023 (¥519 Mil).

Sichuan Haowu Electromechanical Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥388 Mil) to Dec. 2021 (¥519 Mil) but then declined from Dec. 2021 (¥519 Mil) to Dec. 2022 (¥489 Mil).

Sichuan Haowu Electromechanical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sichuan Haowu Electromechanical 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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Sichuan Haowu Electromechanical Co Accounts Payable & Accrued Expense Chart

Sichuan Haowu Electromechanical Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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834.06

435.01

388.42

518.66

489.08

Sichuan Haowu Electromechanical 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															481.90	489.08	480.44	472.09	518.56

Sichuan Haowu Electromechanical 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.

Sichuan Haowu Electromechanical Co (SZSE:000757) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sichuan Haowu Electromechanical Co Ltd (SZSE:000757) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

No. 56, Tianhui Middle Street, No. 2028, Building 20, Shuguang International Building, High-tech Zone, Chengdu, CHN, 610041

Website

http://www.hwgf757.com

Sichuan Haowu Electromechanical Co Ltd is a China-based auto parts manufacturing company. It is engaged in the development and application of advanced and applicable auto parts. Products offered by the company include automobile crankshafts for mini cars, light vehicles, and sedans.

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