Henan Mingtai Al Industrial Co (SHSE:601677) Accounts Payable & Accrued Expense : ¥3,664 Mil (As of Mar. 2024)

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What is Henan Mingtai Al Industrial Co Accounts Payable & Accrued Expense?

Henan Mingtai Al Industrial Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,605 Mil) to Dec. 2023 (¥3,448 Mil) but then increased from Dec. 2023 (¥3,448 Mil) to Mar. 2024 (¥3,664 Mil).

Henan Mingtai Al Industrial Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥4,188 Mil) to Dec. 2022 (¥2,997 Mil) but then increased from Dec. 2022 (¥2,997 Mil) to Dec. 2023 (¥3,448 Mil).

Henan Mingtai Al Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Henan Mingtai Al 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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Henan Mingtai Al Industrial Co Accounts Payable & Accrued Expense Chart

Henan Mingtai Al Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,356.85

2,187.36

4,188.18

2,997.43

3,447.85

Henan Mingtai Al 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															2,984.11	4,481.17	3,604.76	3,447.85	3,664.33

Henan Mingtai Al 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.

Henan Mingtai Al Industrial Co (SHSE:601677) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Henan Mingtai Al Industrial Co Ltd (SHSE:601677) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283

Website

http://hnmtybk.cnal.com/profile.shtml

Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.

Executives

Wang Li Jiao	senior management
Lei Peng	senior management
Hua Xin Min	Director
Sun Jun Xun	senior management
Sun Hui Peng	Supervisors
Liu Jie	Directors, senior managers
He Zhi Gang	senior management
Du You Dong	Director
Hao Ming Xia	senior management
Li Hao Jie	Supervisors
Lei Jing Guo	Director
Ma Yue Ping	Supervisors

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