Xizi Clean Energy Equipment Manufacturing Co (SZSE:002534) Accounts Payable & Accrued Expense : ¥5,340 Mil (As of Mar. 2024)

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What is Xizi Clean Energy Equipment Manufacturing Co Accounts Payable & Accrued Expense?

Xizi Clean Energy Equipment Manufacturing Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥5,751 Mil) to Dec. 2023 (¥5,770 Mil) but then declined from Dec. 2023 (¥5,770 Mil) to Mar. 2024 (¥5,340 Mil).

Xizi Clean Energy Equipment Manufacturing Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥4,587 Mil) to Dec. 2022 (¥5,586 Mil) and increased from Dec. 2022 (¥5,586 Mil) to Dec. 2023 (¥5,770 Mil).

Xizi Clean Energy Equipment Manufacturing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xizi Clean Energy Equipment Manufacturing 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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Xizi Clean Energy Equipment Manufacturing Co Accounts Payable & Accrued Expense Chart

Xizi Clean Energy Equipment Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,987.94

3,502.75

4,587.44

5,585.55

5,770.49

Xizi Clean Energy Equipment Manufacturing 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															5,540.93	5,782.80	5,750.75	5,770.49	5,340.17

Xizi Clean Energy Equipment Manufacturing 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.

Xizi Clean Energy Equipment Manufacturing Co (SZSE:002534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xizi Clean Energy Equipment Manufacturing Co Ltd (SZSE:002534) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

1216 Danonggang Road, Hangzhou, CHN, 310021

Website

http://www.chinaboilers.com

Xizi Clean Energy Equipment Manufacturing Co Ltd formerly Hangzhou Boiler Group Co Ltd is engaged in providing boiler, pressure vessel, environmental protection & new energy equipment and other products with R & D, production, sales, consulting, installation and other engineering services. The product offerings of the company include Flue-gas purifier, HP Heater, LP feedwater heater, Deaerator, Condenser and Chain stoker boiler among others.

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