Daqo New Energy (FRA:5DQ2) Accounts Payable & Accrued Expense : €439 Mil (As of Mar. 2024)

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What is Daqo New Energy Accounts Payable & Accrued Expense?

Daqo New Energy's quarterly accounts payable & accrued expense increased from Sep. 2023 (€368 Mil) to Dec. 2023 (€630 Mil) but then declined from Dec. 2023 (€630 Mil) to Mar. 2024 (€439 Mil).

Daqo New Energy's annual accounts payable & accrued expense increased from Dec. 2021 (€308 Mil) to Dec. 2022 (€561 Mil) and increased from Dec. 2022 (€561 Mil) to Dec. 2023 (€630 Mil).

Daqo New Energy Accounts Payable & Accrued Expense Historical Data

The historical data trend for Daqo New Energy'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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Daqo New Energy Accounts Payable & Accrued Expense Chart

Daqo New Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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159.49

100.32

307.57

560.61

630.39

Daqo New Energy 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															339.57	333.11	368.20	630.39	438.86

Daqo New Energy 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.

Daqo New Energy (FRA:5DQ2) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Daqo New Energy Corp (FRA:5DQ2) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

DQ:USA DQ:Mexico 5DQ2:Germany

Address

No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122

Website

http://www.dqsolar.com

Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.

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