Jiangxi Guotai Group Co (SHSE:603977) Accounts Payable & Accrued Expense : ¥631 Mil (As of Jun. 2024)

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What is Jiangxi Guotai Group Co Accounts Payable & Accrued Expense?

Jiangxi Guotai Group Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (¥613 Mil) to Mar. 2024 (¥576 Mil) but then increased from Mar. 2024 (¥576 Mil) to Jun. 2024 (¥631 Mil).

Jiangxi Guotai Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥653 Mil) to Dec. 2022 (¥744 Mil) but then declined from Dec. 2022 (¥744 Mil) to Dec. 2023 (¥613 Mil).

Jiangxi Guotai Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiangxi Guotai Group 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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Jiangxi Guotai Group Co Accounts Payable & Accrued Expense Chart

Jiangxi Guotai Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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572.24

447.37

652.66

744.39

612.73

Jiangxi Guotai Group Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															773.56	804.88	612.73	575.91	631.00

Jiangxi Guotai Group 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.

Jiangxi Guotai Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangxi Guotai Group Co Ltd (SHSE:603977) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 699, Gaoxin Avenue, Nanchang High-tech Industrial Development Zone, Jiangxi Province, Nanchang, CHN, 330096

Website

http://www.jxgtmb.com

Jiangxi Guotai Group Co Ltd, formerly Jiangxi Guotai Industrial Explosive Material Group Co Ltd is the civil explosive equipment manufacturers based in China. The principal business activities of the company include research and development, production, sales and blasting services of civil blasting equipment. The company's product line consists of an industrial detonator, industrial explosives, industrial cable, information product and intelligent equipment. Its products are mainly used for mining and infrastructure construction.

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