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China Carbon Graphite Group (China Carbon Graphite Group) Accounts Payable & Accrued Expense : $2.00 Mil (As of Sep. 2021)


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What is China Carbon Graphite Group Accounts Payable & Accrued Expense?

China Carbon Graphite Group's quarterly accounts payable & accrued expense declined from Mar. 2021 ($2.55 Mil) to Jun. 2021 ($2.38 Mil) and declined from Jun. 2021 ($2.38 Mil) to Sep. 2021 ($2.00 Mil).

China Carbon Graphite Group's annual accounts payable & accrued expense increased from Dec. 2018 ($2.31 Mil) to Dec. 2019 ($2.47 Mil) and increased from Dec. 2019 ($2.47 Mil) to Dec. 2020 ($2.63 Mil).

China Carbon Graphite Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Carbon Graphite Group'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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China Carbon Graphite Group Accounts Payable & Accrued Expense Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.99 2.31 2.47 2.63

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.53 2.63 2.55 2.38 2.00

China Carbon Graphite Group 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.

China Carbon Graphite Group (China Carbon Graphite Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Carbon Graphite Group Inc (OTCPK:CHGI) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
Website
http://www.chinacarboninc.com
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.