Jinlongyu Group Co (SZSE:002882) Accounts Payable & Accrued Expense : ¥485 Mil (As of Mar. 2024)

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What is Jinlongyu Group Co Accounts Payable & Accrued Expense?

Jinlongyu Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥130 Mil) to Dec. 2023 (¥541 Mil) but then declined from Dec. 2023 (¥541 Mil) to Mar. 2024 (¥485 Mil).

Jinlongyu Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥146 Mil) to Dec. 2022 (¥115 Mil) but then increased from Dec. 2022 (¥115 Mil) to Dec. 2023 (¥541 Mil).

Jinlongyu Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jinlongyu Group 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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Jinlongyu Group Co Accounts Payable & Accrued Expense Chart

Jinlongyu Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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138.44

118.31

145.98

114.83

540.52

Jinlongyu Group 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															98.48	204.32	129.99	540.52	484.56

Jinlongyu Group 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.

Jinlongyu Group Co (SZSE:002882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jinlongyu Group Co Ltd (SZSE:002882) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Phuket Sheung Shui Road, Jinlong Yu Group Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518112

Website

http://Www.szjly.com

Jinlongyu Group Co Ltd is a wire and cable manufacturing company in South China. The principal business activities of the company include research and development, production, sales and service of wire and cable. Its main wire and cable products mainly include polyethylene insulated power cable, insulated PVC sheathed power cable, overhead insulated cables, steel core aluminum stranded wire, copper - aluminum core power cable and computer cables and control cables. The products of Jinlongyu Group are exported to a number of countries and regions such as Singapore, Australia, Hong Kong, among others.

Executives

Ji Xing Dan	Directors, executives
Xia Lan	Directors, executives
Feng Bo	Executives
Lu Zhi Cai	Directors, executives
Zhou Yong Hua	Executives
Zheng Kang Jun	Director
Xiong Zhong Hong	Executives
Li Si Xi	Director
Ji Gui Xin	Supervisors

Jinlongyu Group Co (SZSE:002882) Headlines

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