Xinjiang Zhongtai Chemical Co (SZSE:002092) Accounts Payable & Accrued Expense : ¥9,971 Mil (As of Mar. 2024)

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What is Xinjiang Zhongtai Chemical Co Accounts Payable & Accrued Expense?

Xinjiang Zhongtai Chemical Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥11,894 Mil) to Dec. 2023 (¥9,593 Mil) but then increased from Dec. 2023 (¥9,593 Mil) to Mar. 2024 (¥9,971 Mil).

Xinjiang Zhongtai Chemical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥9,526 Mil) to Dec. 2022 (¥13,469 Mil) but then declined from Dec. 2022 (¥13,469 Mil) to Dec. 2023 (¥9,593 Mil).

Xinjiang Zhongtai Chemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinjiang Zhongtai Chemical 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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Xinjiang Zhongtai Chemical Co Accounts Payable & Accrued Expense Chart

Xinjiang Zhongtai Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11,276.58

12,298.38

9,525.92

13,469.05

9,592.91

Xinjiang Zhongtai Chemical 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															12,540.09	12,705.73	11,893.91	9,592.91	9,971.06

Xinjiang Zhongtai Chemical 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.

Xinjiang Zhongtai Chemical Co (SZSE:002092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Xinjiang Zhongtai Chemical Co Ltd (SZSE:002092) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 39 Yangcheng Lake Road, Urumqi Economic and Technological Development Zone, Toutunhe, CHN, 830026

Website

http://www.zthx.com

Xinjiang Zhongtai Chemical Co Ltd is a large integrated chemical manufacturing company. It produces chlor-alkali, crude salt, calcium carbide, and coke products. Its primary geographic markets are Xinjiang, East China and the Southern part of China. The company also exports its products to Russia, South Asia such as India, Vietnam, Pakistan, South America and Africa.

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