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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Accounts Payable & Accrued Expense : ¥415 Mil (As of Mar. 2024)


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What is Liaoning Fu-An Heavy Industry Co Accounts Payable & Accrued Expense?

Liaoning Fu-An Heavy Industry Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥382 Mil) to Dec. 2023 (¥483 Mil) but then declined from Dec. 2023 (¥483 Mil) to Mar. 2024 (¥415 Mil).

Liaoning Fu-An Heavy Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥499 Mil) to Dec. 2022 (¥558 Mil) but then declined from Dec. 2022 (¥558 Mil) to Dec. 2023 (¥483 Mil).


Liaoning Fu-An Heavy Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Liaoning Fu-An Heavy Industry 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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Liaoning Fu-An Heavy Industry Co Accounts Payable & Accrued Expense Chart

Liaoning Fu-An Heavy Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 291.64 387.41 498.50 558.05 483.04

Liaoning Fu-An Heavy Industry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 431.88 436.44 381.66 483.04 414.58

Liaoning Fu-An Heavy Industry 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.


Liaoning Fu-An Heavy Industry Co (SHSE:603315) Business Description

Traded in Other Exchanges
N/A
Address
No.8, Anzheng Road, Qianshan District, Anshan, CHN, 114016
Liaoning Fu-An Heavy Industry Co Ltd is engaged in the manufacturing of heavy steel castings products. According to the use, its products can be divided into thermal power equipment Castings, hydroelectric equipment castings, other power generation equipment castings and other castings. The main thermal power products include high/medium pressure internal and external cylinders; Valve body/cylinder. Hydropower products include upper crown, lower ring, runner body, Thrust heads, blades, ball valve bodies. Rail transit products include internal combustion engine bogies.

Liaoning Fu-An Heavy Industry Co (SHSE:603315) Headlines

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