North Industries Group Red Arrow Co (SZSE:000519) Accounts Payable & Accrued Expense : ¥3,497 Mil (As of Mar. 2024)

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What is North Industries Group Red Arrow Co Accounts Payable & Accrued Expense?

North Industries Group Red Arrow Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,946 Mil) to Dec. 2023 (¥3,846 Mil) but then declined from Dec. 2023 (¥3,846 Mil) to Mar. 2024 (¥3,497 Mil).

North Industries Group Red Arrow Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,571 Mil) to Dec. 2022 (¥4,035 Mil) but then declined from Dec. 2022 (¥4,035 Mil) to Dec. 2023 (¥3,846 Mil).

North Industries Group Red Arrow Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for North Industries Group Red Arrow 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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North Industries Group Red Arrow Co Accounts Payable & Accrued Expense Chart

North Industries Group Red Arrow Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,754.10

2,950.65

3,571.01

4,035.20

3,846.41

North Industries Group Red Arrow 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															3,350.27	2,926.87	2,946.16	3,846.41	3,497.40

North Industries Group Red Arrow 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.

North Industries Group Red Arrow Co (SZSE:000519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » North Industries Group Red Arrow Co Ltd (SZSE:000519) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Rhine Road, National Hi-Tech Industrial Development Zone, Hunan Province, Xiangtan, CHN, 610505

Website

http://zbhj.norincogroup.com.cn

North Industries Group Red Arrow Co Ltd, formerly known as Hunan Jiangnan Red Arrow Co Ltd is engaged in research, development and production of networking products, computer software, communication equipment, electronic systems, auto parts in China.

Executives

Han Tao	Directors, executives
Wang Jian Wen	Supervisors
Chen Jian Hua	Director
Wang Xia	Supervisors
Gao Bin	Executives
Xu Min	Supervisors
Bai Rui	Executives, within half a year of separation

North Industries Group Red Arrow Co (SZSE:000519) Headlines

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