Zhejiang Hangmin Co (SHSE:600987) Accounts Payable & Accrued Expense : ¥782 Mil (As of Mar. 2024)

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What is Zhejiang Hangmin Co Accounts Payable & Accrued Expense?

Zhejiang Hangmin Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥667 Mil) to Dec. 2023 (¥674 Mil) and increased from Dec. 2023 (¥674 Mil) to Mar. 2024 (¥782 Mil).

Zhejiang Hangmin Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥689 Mil) to Dec. 2022 (¥550 Mil) but then increased from Dec. 2022 (¥550 Mil) to Dec. 2023 (¥674 Mil).

Zhejiang Hangmin Co Accounts Payable & Accrued Expense Historical Data

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

Zhejiang Hangmin Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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588.98

577.61

688.77

550.33

674.24

Zhejiang Hangmin 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															538.61	601.20	667.25	674.24	781.67

Zhejiang Hangmin 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.

Zhejiang Hangmin Co (SHSE:600987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Hangmin Co Ltd (SHSE:600987) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Hangmin Village, Guali Town, Xiaoshan District, Zhejiang province, hangzhou, CHN, 311241

Website

http://www.hmgf.com

Zhejiang Hangmin Co Ltd in China is engaged in the areas of printing, dyeing, weaving, marine logistics and the production of thermoelectricity business. It mainly produces and exports multi-fiber blended fabrics, high real textile fabrics and printed fabrics. The company's product sold throughout the country and exported to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao and Taiwan and other countries and regions.

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