China Rare Earth Resources & Technology Co (SZSE:000831) Accounts Payable & Accrued Expense : ¥154 Mil (As of Mar. 2024)

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What is China Rare Earth Resources & Technology Co Accounts Payable & Accrued Expense?

China Rare Earth Resources & Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥325 Mil) to Dec. 2023 (¥197 Mil) and declined from Dec. 2023 (¥197 Mil) to Mar. 2024 (¥154 Mil).

China Rare Earth Resources & Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥79 Mil) to Dec. 2022 (¥155 Mil) and increased from Dec. 2022 (¥155 Mil) to Dec. 2023 (¥197 Mil).

China Rare Earth Resources & Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Rare Earth Resources & Technology 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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China Rare Earth Resources & Technology Co Accounts Payable & Accrued Expense Chart

China Rare Earth Resources & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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153.01

129.33

79.46

154.74

196.62

China Rare Earth Resources & Technology 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															513.79	429.89	324.84	196.62	153.63

China Rare Earth Resources & Technology 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.

China Rare Earth Resources & Technology Co (SZSE:000831) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Rare Earth Resources & Technology Co Ltd (SZSE:000831) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Zhangjiang South Avenue, 15th Floor, Building A, Haode Ginza, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 341000

Website

http://www.cmreltd.com

China Rare Earth Resources & Technology Co Ltd is principally engaged in the production and sales of rare earth oxides. It is mainly engaged in the operation and trade of rare earth oxides, rare earth metals and rare earth deep processing products, as well as rare earth technology research and development and consulting services. The company's leading product include high-purity single rare earth oxides and rare earth co-precipitate products. Geographically activities are carried out through China.

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