China Hainan Rubber Industry Group Co (SHSE:601118) Accounts Payable & Accrued Expense : ¥1,948 Mil (As of Mar. 2024)

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What is China Hainan Rubber Industry Group Co Accounts Payable & Accrued Expense?

China Hainan Rubber Industry Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,931 Mil) to Dec. 2023 (¥2,773 Mil) but then declined from Dec. 2023 (¥2,773 Mil) to Mar. 2024 (¥1,948 Mil).

China Hainan Rubber Industry Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,348 Mil) to Dec. 2022 (¥1,431 Mil) and increased from Dec. 2022 (¥1,431 Mil) to Dec. 2023 (¥2,773 Mil).

China Hainan Rubber Industry Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Hainan Rubber Industry Group 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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China Hainan Rubber Industry Group Co Accounts Payable & Accrued Expense Chart

China Hainan Rubber Industry Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,406.90

1,583.26

1,347.58

1,430.78

2,773.23

China Hainan Rubber Industry Group 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															2,031.16	2,282.54	1,931.49	2,773.23	1,947.90

China Hainan Rubber Industry Group 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.

China Hainan Rubber Industry Group Co (SHSE:601118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Hainan Rubber Industry Group Co Ltd (SHSE:601118) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Green Sea, building-13, Ken Road, Hainan Province, Haikou, Shanghai, CHN, 570226

Website

http://www.hirub.cn

China Hainan Rubber Industry Group Co Ltd operates in the rubber industry. Its principal business activities include research and development, plantation, processing and distribution of natural rubber in China. Its product offering includes natural rubber inspection gloves, latex wire, aviation tire standard glue, meridian and light color glues.

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