GUANGZHOU TINCI MATERIALS TECHNOLOGY CO (SZSE:002709) Accounts Payable & Accrued Expense : ¥3,475 Mil (As of Mar. 2024)

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What is GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Accounts Payable & Accrued Expense?

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥5,163 Mil) to Dec. 2023 (¥4,198 Mil) and declined from Dec. 2023 (¥4,198 Mil) to Mar. 2024 (¥3,475 Mil).

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,295 Mil) to Dec. 2022 (¥6,104 Mil) but then declined from Dec. 2022 (¥6,104 Mil) to Dec. 2023 (¥4,198 Mil).

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Accounts Payable & Accrued Expense Historical Data

The historical data trend for GUANGZHOU TINCI MATERIALS 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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GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Accounts Payable & Accrued Expense Chart

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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998.48

1,177.57

3,294.84

6,103.79

4,198.37

GUANGZHOU TINCI MATERIALS TECHNOLOGY 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															5,378.60	4,629.48	5,163.12	4,198.37	3,474.70

GUANGZHOU TINCI MATERIALS 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.

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO (SZSE:002709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » GUANGZHOU TINCI MATERIALS TECHNOLOGY CO LTD (SZSE:002709) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Dongcheng Tablet, Kangda Road, Yunpu Industrial Zone, Huangpu District, Guangdong, Guangzhou, CHN, 510760

Website

https://www.tinci.com

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO LTD is engaged in the manufacturing and marketing of lithium-ion battery materials. Its main products include electrolytes of Li-ion Battery, Solvents, and Lithium Salts.

Executives

Xu Jin Fu	Directors, executives
Zhao Jing Wei	Director
Xu San Shan	Directors, executives
Gu Bin	Directors, executives
Li Xing Hua	Supervisors
Chen Xun Wu	Director
Xuan Da Yan	Secretary, Director
Zhou Shun Wu	Executives
Zhang Li Ping	Directors, executives
Pan Guo Zhong	Secretary, Director

GUANGZHOU TINCI MATERIALS TECHNOLOGY CO (SZSE:002709) Headlines

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