Luyang Energy-Saving Materials Co (SZSE:002088) Accounts Payable & Accrued Expense : ¥645 Mil (As of Mar. 2025)

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What is Luyang Energy-Saving Materials Co Accounts Payable & Accrued Expense?

Luyang Energy-Saving Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥839 Mil) to Dec. 2024 (¥915 Mil) but then declined from Dec. 2024 (¥915 Mil) to Mar. 2025 (¥645 Mil).

Luyang Energy-Saving Materials Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥1,003 Mil) to Dec. 2023 (¥819 Mil) but then increased from Dec. 2023 (¥819 Mil) to Dec. 2024 (¥915 Mil).

Luyang Energy-Saving Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luyang Energy-Saving Materials 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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Luyang Energy-Saving Materials Co Accounts Payable & Accrued Expense Chart

Luyang Energy-Saving Materials Co Annual Data

Trend

Dec15

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Dec19

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Dec24

Accounts Payable & Accrued Expense

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715.98

821.49

1,002.71

818.64

915.27

Luyang Energy-Saving Materials 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															688.03	770.90	838.64	915.27	645.43

Luyang Energy-Saving Materials 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.

Luyang Energy-Saving Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Luyang Energy-Saving Materials Co Ltd (SZSE:002088) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11 Yihe Road, Yiyuan County, Zibo, Shandong, CHN, 256120

Website

http://www.luyang.com

Luyang Energy-Saving Materials Co Ltd is engaged in the ceramic and fibre industries in China.

Executives

Lu Chao	Executives
Sheng Xin Tai	Directors, executives
Du Yi Xue	Secretary Dong
Ma Zhong Jun	Executives
Zheng Wei Jin	Executives
Lu Cheng Bin	Director
Bi Yan Hai	Supervisors
Gao Jun Chang	Director
Lu Cheng Hong	Executives
Wang Kan	Executives
Wang Ai Ming	Director
Lu Mei Jun	Supervisors
Du Zhao Feng	Supervisors
Yang Jie Hui	Securities Affairs Representative
Liu Zhao Juan	Executives

Luyang Energy-Saving Materials Co Headlines

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