Xiangyang Automobile Bearing Co (SZSE:000678) Accounts Payable & Accrued Expense : ¥820 Mil (As of Mar. 2024)

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What is Xiangyang Automobile Bearing Co Accounts Payable & Accrued Expense?

Xiangyang Automobile Bearing Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥865 Mil) to Dec. 2023 (¥776 Mil) but then increased from Dec. 2023 (¥776 Mil) to Mar. 2024 (¥820 Mil).

Xiangyang Automobile Bearing Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥496 Mil) to Dec. 2022 (¥693 Mil) and increased from Dec. 2022 (¥693 Mil) to Dec. 2023 (¥776 Mil).

Xiangyang Automobile Bearing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xiangyang Automobile Bearing 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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Xiangyang Automobile Bearing Co Accounts Payable & Accrued Expense Chart

Xiangyang Automobile Bearing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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584.31

530.88

496.00

693.46

775.60

Xiangyang Automobile Bearing 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															798.75	762.34	864.56	775.60	819.90

Xiangyang Automobile Bearing 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.

Xiangyang Automobile Bearing Co (SZSE:000678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xiangyang Automobile Bearing Co Ltd (SZSE:000678) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 97 Dengcheng Avenue, Hubei Province, Xiangyang, CHN, 441057

Website

http://www.zxy.com.cn

Xiangyang Automobile Bearing Co Ltd is primarily engaged in the manufacture and sales of bearings and accessories, automobile spare parts, mechanical and electronic devices, bearing equipment and related components in China. The products of the group are exported to Europe, America and Southeast Asia and other countries and regions. Further it has set up around 28 sales branches throughout the country, and hold up to 14 distribution centers. The sales and service network covers all major cities.

Executives

Tang Yong	Executives
Gao Shao Bing	Directors, executives
Wang Guan Bing	Executives
Yuan Zhan	Supervisors
Song Hui Min	Director

Xiangyang Automobile Bearing Co (SZSE:000678) Headlines

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