KraussMaffei Co (SHSE:600579) Accounts Payable & Accrued Expense : ¥3,476 Mil (As of Dec. 2023)

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What is KraussMaffei Co Accounts Payable & Accrued Expense?

KraussMaffei Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥3,868 Mil) to Sep. 2023 (¥3,544 Mil) and declined from Sep. 2023 (¥3,544 Mil) to Dec. 2023 (¥3,476 Mil).

KraussMaffei Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,857 Mil) to Dec. 2022 (¥4,409 Mil) but then declined from Dec. 2022 (¥4,409 Mil) to Dec. 2023 (¥3,476 Mil).

KraussMaffei Co Accounts Payable & Accrued Expense Historical Data

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

KraussMaffei Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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2,783.09

2,515.23

3,857.23

4,409.14

3,475.58

KraussMaffei Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,409.14	3,624.48	3,868.24	3,544.33	3,475.58

KraussMaffei 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.

KraussMaffei Co (SHSE:600579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KraussMaffei Co Ltd (SHSE:600579) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 62, Bei Sihuan West Road, Haidian District, Beijing, CHN, 100080

Website

http://www.kraussmaffei.ltd

KraussMaffei Co Ltd is engaged in research, development, design, manufacturing and after-sales service of equipment in chemical, petrochemical, coal chemical, metallurgy, non-ferrous metals, power and energy conservation and environmental protection, chemical instrumentation and automation complete control systems. The company's products include Injection Molding Machinery, Extrusion Technology, Reaction Process Machinery, Digital and Service Solutions, and Others.

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