Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Accounts Payable & Accrued Expense : ¥1,429 Mil (As of Mar. 2025)

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What is Jiangsu Tongrun Equipment Technology Co Accounts Payable & Accrued Expense?

Jiangsu Tongrun Equipment Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥1,313 Mil) to Dec. 2024 (¥1,562 Mil) but then declined from Dec. 2024 (¥1,562 Mil) to Mar. 2025 (¥1,429 Mil).

Jiangsu Tongrun Equipment Technology Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥314 Mil) to Dec. 2023 (¥1,198 Mil) and increased from Dec. 2023 (¥1,198 Mil) to Dec. 2024 (¥1,562 Mil).

Jiangsu Tongrun Equipment Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiangsu Tongrun Equipment 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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Jiangsu Tongrun Equipment Technology Co Accounts Payable & Accrued Expense Chart

Jiangsu Tongrun Equipment Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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265.16

316.39

313.73

1,197.87

1,562.13

Jiangsu Tongrun Equipment Technology 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															997.62	1,274.97	1,313.48	1,562.13	1,428.71

Jiangsu Tongrun Equipment 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.

Jiangsu Tongrun Equipment Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Tongrun Equipment Technology Co Ltd (SZSE:002150) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tonggang Road, Zhouxing Tonggang Industrial Development Zone, Jiangsu, Changshu, CHN, 215517

Website

http://www.tongrunindustries.com

Jiangsu Tongrun Equipment Technology Co Ltd is engaged in business of sheet metal products and electrical products. The products of the company include metal toolbox cabinets, steel office furniture, precision sheet metal parts, complete set of electrical control cabinets, and high voltage circuit breakers. The company generates majority of revenue from metal tool manufacturing.

Executives

Cai Lan	Directors, executives
Wang Yue Hong	Directors, executives
Liu Zhen Jiang	Directors, executives
Wang Xiang Yuan	Supervisors
Liu Xiao Yu	Securities Affairs Representative
Gao Jin Xiang	Director
Gu Xiong Bin	Director
Shen Hong	Director

Jiangsu Tongrun Equipment Technology Co Headlines

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