Gem-Year Industrial Co (SHSE:601002) Accounts Payable & Accrued Expense : ¥804 Mil (As of Mar. 2024)

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What is Gem-Year Industrial Co Accounts Payable & Accrued Expense?

Gem-Year Industrial Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥707 Mil) to Dec. 2023 (¥803 Mil) and increased from Dec. 2023 (¥803 Mil) to Mar. 2024 (¥804 Mil).

Gem-Year Industrial Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,159 Mil) to Dec. 2022 (¥664 Mil) but then increased from Dec. 2022 (¥664 Mil) to Dec. 2023 (¥803 Mil).

Gem-Year Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gem-Year Industrial 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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Gem-Year Industrial Co Accounts Payable & Accrued Expense Chart

Gem-Year Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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626.86

938.73

1,159.31

664.23

802.80

Gem-Year Industrial 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															794.84	895.94	707.46	802.80	803.92

Gem-Year Industrial 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.

Gem-Year Industrial Co (SHSE:601002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gem-Year Industrial Co Ltd (SHSE:601002) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Jinyi Avenue, Economic Development Zone, Jiashan, Zhejiang, Jiaxing, CHN, 314100

Website

http://www.gem-year.com

Gem-Year Industrial Co Ltd operates as a fastener manufacturer in China. Its products include bolts, nuts, screws, drawn air and fasteners. master toolset, tools storage, sockets, wrench and cutting tools.

Gem-Year Industrial Co (SHSE:601002) Headlines

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