Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Accounts Payable & Accrued Expense : ¥223.2 Mil (As of Mar. 2024)

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What is Argus (Shanghai) Textile Chemicals Co Accounts Payable & Accrued Expense?

Argus (Shanghai) Textile Chemicals Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥186.5 Mil) to Dec. 2023 (¥247.1 Mil) but then declined from Dec. 2023 (¥247.1 Mil) to Mar. 2024 (¥223.2 Mil).

Argus (Shanghai) Textile Chemicals Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥143.6 Mil) to Dec. 2022 (¥120.4 Mil) but then increased from Dec. 2022 (¥120.4 Mil) to Dec. 2023 (¥247.1 Mil).

Argus (Shanghai) Textile Chemicals Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Argus (Shanghai) Textile Chemicals 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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Argus (Shanghai) Textile Chemicals Co Accounts Payable & Accrued Expense Chart

Argus (Shanghai) Textile Chemicals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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96.50

125.17

143.60

120.40

247.07

Argus (Shanghai) Textile Chemicals 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															131.27	151.34	186.53	247.07	223.22

Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Argus (Shanghai) Textile Chemicals Co Ltd (SHSE:603790) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812

Website

http://www.argus.net.cn

Argus (Shanghai) Textile Chemicals Co Ltd is a Chinese company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.

Executives

Xie Bing	Directors, senior managers
Gu Zhe Dong	Director
Xu Ya Qin	senior management
Cheng Yu Qing	senior management
Ceng Jian Ping	Director
Hong Bin	senior management
Zheng Yi Hua	Director

Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Headlines

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