Advanced Technology & Materials Co (SZSE:000969) Accounts Payable & Accrued Expense : ¥3,289 Mil (As of Sep. 2023)

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What is Advanced Technology & Materials Co Accounts Payable & Accrued Expense?

Advanced Technology & Materials Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥3,226 Mil) to Jun. 2023 (¥3,343 Mil) but then declined from Jun. 2023 (¥3,343 Mil) to Sep. 2023 (¥3,289 Mil).

Advanced Technology & Materials Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥2,115 Mil) to Dec. 2021 (¥2,625 Mil) and increased from Dec. 2021 (¥2,625 Mil) to Dec. 2022 (¥2,942 Mil).

Advanced Technology & Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advanced Technology & Materials 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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Advanced Technology & Materials Co Accounts Payable & Accrued Expense Chart

Advanced Technology & Materials Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,791.05

1,939.09

2,115.37

2,625.09

2,941.55

Advanced Technology & Materials 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															2,936.99	2,941.55	3,225.80	3,343.11	3,288.95

Advanced Technology & Materials 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.

Advanced Technology & Materials Co (SZSE:000969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Advanced Technology & Materials Co Ltd (SZSE:000969) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081

Website

http://www.atmcn.com

Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.

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