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Jinxi Axle Co (SHSE:600495) Accounts Payable & Accrued Expense : ¥491 Mil (As of Mar. 2024)


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What is Jinxi Axle Co Accounts Payable & Accrued Expense?

Jinxi Axle Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥617 Mil) to Dec. 2023 (¥608 Mil) and declined from Dec. 2023 (¥608 Mil) to Mar. 2024 (¥491 Mil).

Jinxi Axle Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥665 Mil) to Dec. 2022 (¥579 Mil) but then increased from Dec. 2022 (¥579 Mil) to Dec. 2023 (¥608 Mil).

Jinxi Axle Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jinxi Axle 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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Jinxi Axle Co Accounts Payable & Accrued Expense Chart

Jinxi Axle Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 639.45 559.43 665.10 579.40 607.76

Jinxi Axle 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 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 519.28 545.06 617.48 607.76 491.13

Jinxi Axle 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.

Jinxi Axle Co (SHSE:600495) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinxi Axle Co Ltd (SHSE:600495) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
SHSE:688459 SHSE:688033 SZSE:000920 SZSE:002296 SHSE:603032 SHSE:688569 SHSE:600834 SHSE:603069 SZSE:000421 SZSE:300587 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 WAB HKSE:01766 TSE:9022 HKSE:00066
Traded in Other Exchanges
N/A
Address
No. 5 North Lane, Heping North Road, Shanxi, Taiyuan, CHN, 030027
Website
http://www.jinxiaxle.com
Jinxi Axle Co Ltd is a China-based company primarily engaged in rail transit equipment. The company is mainly engaged in the production and sales of railway vehicles, axles, wheelsets, bolster side frames, bogies, and other products. The axle products are used to manufacture railway locomotives, trucks, buses, subways, light rail and other rail vehicles. The company mainly distributes its products in domestic and overseas markets.
Executives
Jiang Xin Le senior management

Jinxi Axle Co (SHSE:600495) Headlines

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