Jingjin Equipment (SHSE:603279) Accounts Payable & Accrued Expense : ¥1,012 Mil (As of Mar. 2024)

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What is Jingjin Equipment Accounts Payable & Accrued Expense?

Jingjin Equipment's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,182 Mil) to Dec. 2023 (¥1,041 Mil) and declined from Dec. 2023 (¥1,041 Mil) to Mar. 2024 (¥1,012 Mil).

Jingjin Equipment's annual accounts payable & accrued expense increased from Dec. 2021 (¥711 Mil) to Dec. 2022 (¥1,091 Mil) but then declined from Dec. 2022 (¥1,091 Mil) to Dec. 2023 (¥1,041 Mil).

Jingjin Equipment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jingjin Equipment'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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Jingjin Equipment Accounts Payable & Accrued Expense Chart

Jingjin Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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600.48

712.52

710.54

1,091.41

1,041.22

Jingjin Equipment 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															1,124.76	1,199.40	1,182.10	1,041.22	1,012.13

Jingjin Equipment 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.

Jingjin Equipment (SHSE:603279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jingjin Equipment Inc (SHSE:603279) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

North Head of Jinghua Road, Dezhou economic development zone, Shandong Province, Dezhou, CHN, 253034

Website

http://www.jjylj.com

Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.

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