Baimtec Material Co (SHSE:688563) Accounts Payable & Accrued Expense : ¥1,127 Mil (As of Mar. 2024)

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What is Baimtec Material Co Accounts Payable & Accrued Expense?

Baimtec Material Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,306 Mil) to Dec. 2023 (¥1,162 Mil) and declined from Dec. 2023 (¥1,162 Mil) to Mar. 2024 (¥1,127 Mil).

Baimtec Material Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥888 Mil) to Dec. 2022 (¥1,012 Mil) and increased from Dec. 2022 (¥1,012 Mil) to Dec. 2023 (¥1,162 Mil).

Baimtec Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Baimtec Material 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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Baimtec Material Co Accounts Payable & Accrued Expense Chart

Baimtec Material Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

430.34

281.32

888.29

1,011.99

1,161.93

Baimtec Material Co Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									952.66	1,228.60	1,306.35	1,161.93	1,126.96

Baimtec Material 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.

Baimtec Material Co (SHSE:688563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Baimtec Material Co Ltd (SHSE:688563) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Yongxiang North Road, Yongfeng High-tech Industrial Base, Haidian, Beijing, CHN, 100094

Website

http://www.baimtec.com.cn

Baimtec Material Co Ltd is committed to the research, development, manufacture and sales of a series of high-tech products based on aviation new materials, new processes and new technologies. The company's main products cover titanium alloy precision castings, high-temperature alloy master alloys, aircraft windshields, hatch covers, transparent parts and components of observation windows, aerospace rubber, sealants, adhesives, elastic components, etc. in the aerospace and other fields.

Executives

Wu Song Hua

Core technical personnel

Baimtec Material Co (SHSE:688563) Headlines

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