Ningbo Boway Alloy Material Co (SHSE:601137) Accounts Payable & Accrued Expense : ¥2,097 Mil (As of Mar. 2024)

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What is Ningbo Boway Alloy Material Co Accounts Payable & Accrued Expense?

Ningbo Boway Alloy Material Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,993 Mil) to Dec. 2023 (¥2,441 Mil) and declined from Dec. 2023 (¥2,441 Mil) to Mar. 2024 (¥2,097 Mil).

Ningbo Boway Alloy Material Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,688 Mil) to Dec. 2022 (¥2,416 Mil) and increased from Dec. 2022 (¥2,416 Mil) to Dec. 2023 (¥2,441 Mil).

Ningbo Boway Alloy Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningbo Boway Alloy Material 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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Ningbo Boway Alloy Material Co Accounts Payable & Accrued Expense Chart

Ningbo Boway Alloy Material Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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999.12

1,154.70

1,687.65

2,416.04

2,440.81

Ningbo Boway Alloy Material 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															2,400.98	2,462.40	2,992.56	2,440.81	2,096.99

Ningbo Boway Alloy Material 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.

Ningbo Boway Alloy Material Co (SHSE:601137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ningbo Boway Alloy Material Co Ltd (SHSE:601137) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Number 288 Honggang Road, Yinzhou Economic Development Zone,Yinzhou District, Zhejiang Province, Ningbo, CHN, 314145

Website

http://www.pwalloy.com

Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.

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