Hengli Petrochemical Co (SHSE:600346) Accounts Payable & Accrued Expense : ¥35,702 Mil (As of Mar. 2024)

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What is Hengli Petrochemical Co Accounts Payable & Accrued Expense?

Hengli Petrochemical Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥35,849 Mil) to Dec. 2023 (¥29,958 Mil) but then increased from Dec. 2023 (¥29,958 Mil) to Mar. 2024 (¥35,702 Mil).

Hengli Petrochemical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥28,939 Mil) to Dec. 2022 (¥31,368 Mil) but then declined from Dec. 2022 (¥31,368 Mil) to Dec. 2023 (¥29,958 Mil).

Hengli Petrochemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hengli Petrochemical 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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Hengli Petrochemical Co Accounts Payable & Accrued Expense Chart

Hengli Petrochemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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25,791.99

25,881.58

28,939.36

31,367.87

29,957.59

Hengli Petrochemical 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															34,433.47	34,223.51	35,848.54	29,957.59	35,702.02

Hengli Petrochemical 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.

Hengli Petrochemical Co (SHSE:600346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hengli Petrochemical Co Ltd (SHSE:600346) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.1, South Hengli Road, Shengze Town, Wujiang District, Jiangsu, Suzhou, CHN

Website

http://www.hengliinc.com

Hengli Petrochemical Co Ltd is in the business of textile yarn, industrial yarn and thermal power. The Company's products include civil polyester filament, industrial polyester filament polyester chips and energy.

Hengli Petrochemical Co (SHSE:600346) Headlines

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