Ganfeng Lithium Group Co (SZSE:002460) Accounts Payable & Accrued Expense : ¥10,078 Mil (As of Mar. 2024)

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What is Ganfeng Lithium Group Co Accounts Payable & Accrued Expense?

Ganfeng Lithium Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥9,804 Mil) to Dec. 2023 (¥10,347 Mil) but then declined from Dec. 2023 (¥10,347 Mil) to Mar. 2024 (¥10,078 Mil).

Ganfeng Lithium Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥5,326 Mil) to Dec. 2022 (¥14,468 Mil) but then declined from Dec. 2022 (¥14,468 Mil) to Dec. 2023 (¥10,347 Mil).

Ganfeng Lithium Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ganfeng Lithium Group 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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Ganfeng Lithium Group Co Accounts Payable & Accrued Expense Chart

Ganfeng Lithium Group Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,245.65

1,735.72

5,325.99

14,467.62

10,347.31

Ganfeng Lithium Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,259.28	11,127.23	9,804.02	10,347.31	10,078.33

Ganfeng Lithium Group 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.

Ganfeng Lithium Group Co (SZSE:002460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ganfeng Lithium Group Co Ltd (SZSE:002460) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

GNENY:USA GNENF:USA 01772:Hong Kong 39EA:Germany

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

http://www.ganfenglithium.com

Founded in 2000, Ganfeng is the world's third largest and China's largest lithium compounds producer and the world's largest lithium metals producer in terms of production capacity. The company offers five major categories of more than 40 lithium compounds and metals products, which is one of the most comprehensive product offerings among the suppliers globally. Starting as a midstream manufacturer of lithium compounds and lithium metals, Ganfeng has successfully expanded into a vertically integrated business model with operations along the critical stages of the industry value chain, including upstream lithium extraction, midstream lithium compounds and metals processing, and downstream lithium battery production and recycling.

Ganfeng Lithium Group Co (SZSE:002460) Headlines

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