Weifu High-Technology Group Co (SZSE:000581) Accounts Payable & Accrued Expense : ¥6,183 Mil (As of Jun. 2024)

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What is Weifu High-Technology Group Co Accounts Payable & Accrued Expense?

Weifu High-Technology Group Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (¥5,928 Mil) to Mar. 2024 (¥5,803 Mil) but then increased from Mar. 2024 (¥5,803 Mil) to Jun. 2024 (¥6,183 Mil).

Weifu High-Technology Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥5,707 Mil) to Dec. 2022 (¥5,437 Mil) but then increased from Dec. 2022 (¥5,437 Mil) to Dec. 2023 (¥5,928 Mil).

Weifu High-Technology Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Weifu High-Technology 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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Weifu High-Technology Group Co Accounts Payable & Accrued Expense Chart

Weifu High-Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,566.62

7,325.05

5,706.59

5,436.70

5,928.20

Weifu High-Technology 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															5,302.62	5,383.52	5,928.20	5,803.15	6,183.24

Weifu High-Technology 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.

Weifu High-Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Weifu High-Technology Group Co Ltd (SZSE:000581) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

200581:China

Address

No. 5, Huashan Road, Xinwu District, Jiangsu Province, Wuxi, CHN, 214028

Website

http://www.weifu.com.cn

Weifu High-Technology Group Co Ltd is a manufacturer of automotive components. The company has three reportable segments namely auto fuel injection system and fuel cell components; air management system and automotive post-processing system. It generates maximum revenue from the automotive post-processing system segment.

Executives

Xu Yun Feng	Executives
Mou Yu Ming	Executives
Ou Jian Bin	Directors, executives
Shi Xing Yuan	Supervisors
Chen Xue Jun	Director
Wang Xiao Dong	Directors, executives
Gao Guo Yuan	Supervisors
Han Jiang Ming	Supervisors
Chu Yong	Securities Affairs Representative
Deng Xi Jiang	Executives
Chen Qi Long	Director
Xu Liang Fei	Director
You Jian Zhong	Supervisors

Weifu High-Technology Group Co Headlines

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