Minfeng Special Paper Co (SHSE:600235) Accounts Payable & Accrued Expense : ¥125 Mil (As of Mar. 2024)

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What is Minfeng Special Paper Co Accounts Payable & Accrued Expense?

Minfeng Special Paper Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥98 Mil) to Dec. 2023 (¥127 Mil) but then declined from Dec. 2023 (¥127 Mil) to Mar. 2024 (¥125 Mil).

Minfeng Special Paper Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥132 Mil) to Dec. 2022 (¥126 Mil) but then increased from Dec. 2022 (¥126 Mil) to Dec. 2023 (¥127 Mil).

Minfeng Special Paper Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Minfeng Special Paper 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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Minfeng Special Paper Co Accounts Payable & Accrued Expense Chart

Minfeng Special Paper Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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123.45

122.59

131.59

126.20

127.16

Minfeng Special Paper 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															143.80	170.92	97.84	127.16	124.98

Minfeng Special Paper 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.

Minfeng Special Paper Co (SHSE:600235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Minfeng Special Paper Co Ltd (SHSE:600235) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

70 Yuli Street, Zhejiang Province, Jiaxing, CHN, 314000

Website

http://www.minfenggroup.com

Minfeng Special Paper Co Ltd develops and manufactures paper. The company focuses on the industrial specialty paper market. The company's main products consist of cigarette paper series, industrial paper, tracing paper series and capacitor paper series, among others. It sells the products in both Chinese and international market.

Minfeng Special Paper Co (SHSE:600235) Headlines

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