Guangdong Songfa Ceramics Co (SHSE:603268) Accounts Payable & Accrued Expense : ¥235.5 Mil (As of Mar. 2024)

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What is Guangdong Songfa Ceramics Co Accounts Payable & Accrued Expense?

Guangdong Songfa Ceramics Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥220.8 Mil) to Dec. 2023 (¥233.2 Mil) and increased from Dec. 2023 (¥233.2 Mil) to Mar. 2024 (¥235.5 Mil).

Guangdong Songfa Ceramics Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥147.8 Mil) to Dec. 2022 (¥149.9 Mil) and increased from Dec. 2022 (¥149.9 Mil) to Dec. 2023 (¥233.2 Mil).

Guangdong Songfa Ceramics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangdong Songfa Ceramics 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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Guangdong Songfa Ceramics Co Accounts Payable & Accrued Expense Chart

Guangdong Songfa Ceramics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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106.31

89.81

147.83

149.85

233.16

Guangdong Songfa Ceramics 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															160.16	203.11	220.81	233.16	235.52

Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co (SHSE:603268) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Songfa Ceramics Co Ltd (SHSE:603268) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 20, Ruyi Road Industrial Park, Building C2-2, Fengxi District, Chaozhou, CHN, 521031

Website

http://www.songfa.com

Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produce household porcelain, custom porcelain and hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.

Executives

Lin Dao Fan	Director
Dong Wei	senior management
You Sha	Director
Chen Li Yuan	senior management
Zhang Rui Hao	senior management
Ceng Wen Guang	Director
Lin Qiu Lan	Director

Guangdong Songfa Ceramics Co (SHSE:603268) Headlines

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