Tianyang New material (Shanghai) Technology Co (SHSE:603330) Accounts Payable & Accrued Expense : ¥261 Mil (As of Mar. 2024)

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What is Tianyang New material (Shanghai) Technology Co Accounts Payable & Accrued Expense?

Tianyang New material (Shanghai) Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥318 Mil) to Dec. 2023 (¥249 Mil) but then increased from Dec. 2023 (¥249 Mil) to Mar. 2024 (¥261 Mil).

Tianyang New material (Shanghai) Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥128 Mil) to Dec. 2022 (¥305 Mil) but then declined from Dec. 2022 (¥305 Mil) to Dec. 2023 (¥249 Mil).

Tianyang New material (Shanghai) Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tianyang New material (Shanghai) Technology 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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Tianyang New material (Shanghai) Technology Co Accounts Payable & Accrued Expense Chart

Tianyang New material (Shanghai) Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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170.08

140.15

127.77

305.45

248.56

Tianyang New material (Shanghai) Technology 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															229.28	269.23	318.44	248.56	260.79

Tianyang New material (Shanghai) Technology 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.

Tianyang New material (Shanghai) Technology Co (SHSE:603330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tianyang New material (Shanghai) Technology Co Ltd (SHSE:603330) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 505, Huiping Road, Nanxiang Town, Jiading District, Shanghai, CHN, 201802

Website

http://www.hotmelt.com.cn

Tianyang New material (Shanghai) Technology Co Ltd formerly Shanghai Tianyang Hot Melt Adhesives Co Ltd is principally engaged in research and development, manufacture and sales of thermoplastic environmental protection adhesive materials. It offers copolyester and copolyamide powders; and web, film, and PUR adhesives; adhesive tapes and EVA solar films; and hot melt adhesive particles, powders, and films. Its products are mainly applied in the fields of shoes and clothes, automotive trims, solar cell packaging, household textiles, electronics, industrial filtration, hot melt adhesive products, printing and packaging, furnishings and coating, among others.

Executives

Ma Xi Mei	Director
Li Tie Shan	Director
Li Zhe Long	Director
Shang Xiao Lu	Director
Sun Gao Feng	Supervisors
Zhang Jian Hong	Supervisors
Ma Sheng Jia	Supervisors
Zhu Wan Yu	Director

Tianyang New material (Shanghai) Technology Co (SHSE:603330) Headlines

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