Guangdong KinLong Hardware Products Co (SZSE:002791) Accounts Payable & Accrued Expense : ¥2,726 Mil (As of Mar. 2024)

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What is Guangdong KinLong Hardware Products Co Accounts Payable & Accrued Expense?

Guangdong KinLong Hardware Products Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,682 Mil) to Dec. 2023 (¥3,497 Mil) and declined from Dec. 2023 (¥3,497 Mil) to Mar. 2024 (¥2,726 Mil).

Guangdong KinLong Hardware Products Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,798 Mil) to Dec. 2022 (¥4,138 Mil) but then declined from Dec. 2022 (¥4,138 Mil) to Dec. 2023 (¥3,497 Mil).

Guangdong KinLong Hardware Products Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangdong KinLong Hardware Products 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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Guangdong KinLong Hardware Products Co Accounts Payable & Accrued Expense Chart

Guangdong KinLong Hardware Products Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,569.47

2,179.49

3,797.68

4,138.37

3,497.01

Guangdong KinLong Hardware Products 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															3,543.31	3,591.34	3,682.09	3,497.01	2,726.31

Guangdong KinLong Hardware Products 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.

Guangdong KinLong Hardware Products Co (SZSE:002791) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong KinLong Hardware Products Co Ltd (SZSE:002791) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.3, Jian Lang Road, Daping, Tangxia Town, Guangdong, Dongguan, CHN, 523722

Website

http://www.kinlong.com

Guangdong KinLong Hardware Products Co Ltd is engaged in research, development, manufacture, and marketing of fittings for architectural hardware. It supplies fittings and provides consulting services to the architectural industry. The company's main products include door and window hardware system, door control hardware system, point-supported glass curtain wall structural components, stainless steel rail structural components and other architectural hardware products.

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