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Guizhou Tyre Co (SZSE:000589) Accounts Payable & Accrued Expense : ¥4,532 Mil (As of Mar. 2024)


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What is Guizhou Tyre Co Accounts Payable & Accrued Expense?

Guizhou Tyre Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥4,600 Mil) to Dec. 2023 (¥4,702 Mil) but then declined from Dec. 2023 (¥4,702 Mil) to Mar. 2024 (¥4,532 Mil).

Guizhou Tyre Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥4,120 Mil) to Dec. 2022 (¥3,855 Mil) but then increased from Dec. 2022 (¥3,855 Mil) to Dec. 2023 (¥4,702 Mil).


Guizhou Tyre Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guizhou Tyre 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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Guizhou Tyre Co Accounts Payable & Accrued Expense Chart

Guizhou Tyre Co 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 3,002.31 3,729.28 4,120.08 3,854.89 4,701.59

Guizhou Tyre 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 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 3,942.09 4,192.91 4,600.30 4,701.59 4,532.23

Guizhou Tyre 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.


Guizhou Tyre Co (SZSE:000589) Business Description

Traded in Other Exchanges
N/A
Address
No. 41 Baihua Avenue, Guizhou Province, Guiyang, CHN, 550008
Guizhou Tyre Co Ltd is engaged in the manufacture and distribution of tires and rubber mix products in China and abroad. It mainly produces brand car bias tires such as "forward" and "Hercules", all-steel radial tires, construction machinery tires, agricultural machinery tires, forestry machinery tires, industrial vehicle tires, mining tires and solid tires. Apart from selling in the Chinese market, the products of the group are exported to more than 70 countries and regions such as the United States, Britain, Italy and South Africa.
Executives
Luo Yan Supervisors
Guan Zhou Director
Feng Da Yuan Executives
Li Shang Wu Executives

Guizhou Tyre Co (SZSE:000589) Headlines

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