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China Automotive Systems (STU:RYV) Accounts Payable & Accrued Expense : €146.0 Mil (As of Mar. 2024)


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What is China Automotive Systems Accounts Payable & Accrued Expense?

China Automotive Systems's quarterly accounts payable & accrued expense increased from Sep. 2023 (€151.5 Mil) to Dec. 2023 (€186.5 Mil) but then declined from Dec. 2023 (€186.5 Mil) to Mar. 2024 (€146.0 Mil).

China Automotive Systems's annual accounts payable & accrued expense increased from Dec. 2021 (€162.1 Mil) to Dec. 2022 (€184.7 Mil) and increased from Dec. 2022 (€184.7 Mil) to Dec. 2023 (€186.5 Mil).

China Automotive Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Automotive Systems'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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China Automotive Systems Accounts Payable & Accrued Expense Chart

China Automotive Systems 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 134.44 157.31 162.07 184.72 186.55

China Automotive Systems 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 144.11 137.25 151.47 186.55 145.98

China Automotive Systems 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.

China Automotive Systems (STU:RYV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Automotive Systems Inc (STU:RYV) » Definitions » Accounts Payable & Accrued Expense
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MPAA SUP STRT HYZN CVGI INVZ KNDI SYPR NCNC CREV TSE:6902 TSE:5108 XPAR:ML APTV MBLY GPC SHSE:600660 XKRX:012330 XTER:CON TSX:MG
Traded in Other Exchanges
CAAS:USA RYV:Germany
Address
No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
Website
http://www.caasauto.com
China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series, more than 310 models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of revenue from China.

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