Hengdian Group Dmegc Magnetics Co (SZSE:002056) Accounts Payable & Accrued Expense : ¥11,180 Mil (As of Mar. 2025)

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What is Hengdian Group Dmegc Magnetics Co Accounts Payable & Accrued Expense?

Hengdian Group Dmegc Magnetics Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥9,710 Mil) to Dec. 2024 (¥11,817 Mil) but then declined from Dec. 2024 (¥11,817 Mil) to Mar. 2025 (¥11,180 Mil).

Hengdian Group Dmegc Magnetics Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥7,295 Mil) to Dec. 2023 (¥8,951 Mil) and increased from Dec. 2023 (¥8,951 Mil) to Dec. 2024 (¥11,817 Mil).

Hengdian Group Dmegc Magnetics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hengdian Group Dmegc Magnetics 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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Hengdian Group Dmegc Magnetics Co Accounts Payable & Accrued Expense Chart

Hengdian Group Dmegc Magnetics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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2,829.69

5,175.03

7,295.44

8,950.72

11,816.68

Hengdian Group Dmegc Magnetics 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															9,914.50	9,755.82	9,709.83	11,816.68	11,179.92

Hengdian Group Dmegc Magnetics 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.

Hengdian Group Dmegc Magnetics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hengdian Group Dmegc Magnetics Co Ltd (SZSE:002056) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Hengdian Industrial Zone, Dongyang, Zhejiang, CHN, 322118

Website

http://www.chinadmegc.com

Hengdian Group Dmegc Magnetics Co Ltd is a Chinese company engaged in making products based on hard ferrite and magnet soft ferrite cores. The products of the company include hard ferrite magnets, ferrite cores, solar cells, solar modules, rare earth magnets, motor housing, hard alloys, batteries, and flexible copper clad laminate. These products are widely used in the fields of the electronic appliance, automotive, communication and others. In addition, the group is also involved in the business of hotels, mining, health care home, international trade and others. The company exports its products to EU, USA, Japan, South America, South East Asia and other regions.

Executives

Ren Xiao Ming	Executives
He Shi Jin	Director
Li Guo Ping	Supervisors
Zhang Zhi Fang	Executives
Wu Xue Ping	Secretary Dong
Chi Yu Qing	Supervisors
Qian Juan Ping	Independent director
Xu Xu Qing	Director
Ren Guo Liang	Supervisors
Zhang Tian Da	Director

Hengdian Group Dmegc Magnetics Co Headlines

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