Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Accounts Payable & Accrued Expense : ¥230 Mil (As of Mar. 2024)

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What is Zhejiang Zhongcheng Packing Material Co Accounts Payable & Accrued Expense?

Zhejiang Zhongcheng Packing Material Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥266 Mil) to Dec. 2023 (¥281 Mil) but then declined from Dec. 2023 (¥281 Mil) to Mar. 2024 (¥230 Mil).

Zhejiang Zhongcheng Packing Material Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥539 Mil) to Dec. 2022 (¥298 Mil) and declined from Dec. 2022 (¥298 Mil) to Dec. 2023 (¥281 Mil).

Zhejiang Zhongcheng Packing Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Zhongcheng Packing Material 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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Zhejiang Zhongcheng Packing Material Co Accounts Payable & Accrued Expense Chart

Zhejiang Zhongcheng Packing Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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312.09

367.16

539.27

297.55

280.88

Zhejiang Zhongcheng Packing Material 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															222.64	223.50	266.10	280.88	229.84

Zhejiang Zhongcheng Packing Material 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.

Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zhejiang Zhongcheng Packing Material Co Ltd (SZSE:002522) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

NO.26 LIU XI Road, Jiashan Economic Development Zone, Jiashan, Zhejiang, CHN, 314100

Website

http://www.zjzhongda.com

Zhejiang Zhongcheng Packing Material Co Ltd is engaged in developing, manufacturing and selling multi-layer co-extruded polyolefin shrink film packaging products. The company's products include Polyolefin Shrink Film, Cross-Linked Shrink Film, Anti Fog Cross-Linked Shrink Film, High-Performance Shrink Film, Printed Film and Special Shrink Film Items.

Executives

Chen Jian	Directors, executives
Huang Xu Sheng	Executives
Ma Li Sheng	Executives
Pan De Xiang	Executives
Hang A Gen	Supervisors
Chu Jun Tao	Securities Affairs Representative
Wu Jun	Directors, Directors, and Executives
Zhao Zhong Ce	Director
Wang Ping	Independent director
Zhan Yue Qiang	Supervisors
Chen Da Kui	Directors, executives

Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Headlines

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