Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Accounts Payable & Accrued Expense : ¥111.5 Mil (As of Mar. 2024)

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What is Wuxi Dingbang Heat Exchange Equipment Co Accounts Payable & Accrued Expense?

Wuxi Dingbang Heat Exchange Equipment Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥147.9 Mil) to Dec. 2023 (¥133.1 Mil) and declined from Dec. 2023 (¥133.1 Mil) to Mar. 2024 (¥111.5 Mil).

Wuxi Dingbang Heat Exchange Equipment Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥121.6 Mil) to Dec. 2022 (¥125.6 Mil) and increased from Dec. 2022 (¥125.6 Mil) to Dec. 2023 (¥133.1 Mil).

Wuxi Dingbang Heat Exchange Equipment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wuxi Dingbang Heat Exchange Equipment 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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Wuxi Dingbang Heat Exchange Equipment Co Accounts Payable & Accrued Expense Chart

Wuxi Dingbang Heat Exchange Equipment Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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163.66

149.08

121.61

125.64

133.11

Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															100.30	162.02	147.87	133.11	111.49

Wuxi Dingbang Heat Exchange Equipment 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.

Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Dingbang Heat Exchange Equipment Co Ltd (BJSE:872931) » Definitions » Accounts Payable & Accrued Expense

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Address

Houshan South Road, No. 29, Anzhen Town, Xishan District, Jiangsu Province, Wuxi City, CHN, 214104

Website

http://www.ding-bang.com.cn

Wuxi Dingbang Heat Exchange Equipment Co Ltd is engaged in research and development, design, manufacturing and sales of special heat exchange equipment for oil refining and chemical industry. Its products includes various tube heat exchangers, spiral baffle heat exchangers, air-cooled heat exchangers (air coolers), plate-bundle heat exchangers and A2 pressure vessels, as well as planetary differential start of oil extraction machines.

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