Hengyi Petrochemical Co (SZSE:000703) Accounts Payable & Accrued Expense : ¥8,087 Mil (As of Mar. 2025)

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What is Hengyi Petrochemical Co Accounts Payable & Accrued Expense?

Hengyi Petrochemical Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥7,305 Mil) to Dec. 2024 (¥8,612 Mil) but then declined from Dec. 2024 (¥8,612 Mil) to Mar. 2025 (¥8,087 Mil).

Hengyi Petrochemical Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥11,400 Mil) to Dec. 2023 (¥7,976 Mil) but then increased from Dec. 2023 (¥7,976 Mil) to Dec. 2024 (¥8,612 Mil).

Hengyi Petrochemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hengyi Petrochemical 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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Hengyi Petrochemical Co Accounts Payable & Accrued Expense Chart

Hengyi Petrochemical Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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8,267.57

12,129.91

11,399.86

7,975.64

8,611.77

Hengyi Petrochemical Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6,732.04	7,473.79	7,305.02	8,611.77	8,086.75

Hengyi Petrochemical 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.

Hengyi Petrochemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hengyi Petrochemical Co Ltd (SZSE:000703) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 260, Shixin North Road, Building 3, Hengyi Nan'an Mingzhu, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215

Website

http://www.hengyishihua.com

Hengyi Petrochemical Co Ltd is a China-based company engages in the petrochemical industry. Its petrochemical products include PTA, CPL and PET slices, Polyester (PET) bottle pieces, polyester pre-oriented yarn (POY), polyester fully drawn yarn (FDY), polyester elastic yarn (DTY) and polyester staple fiber. The company distributes its products in domestic market and to overseas markets.

Executives

Wang Tie Ming	Supervisors
Guan Zong Xiang	Executives

Hengyi Petrochemical Co Headlines

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