Yuhuan CNC Machine Tool Co (SZSE:002903) Accounts Payable & Accrued Expense : ¥231.1 Mil (As of Mar. 2024)

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What is Yuhuan CNC Machine Tool Co Accounts Payable & Accrued Expense?

Yuhuan CNC Machine Tool Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥208.8 Mil) to Dec. 2023 (¥257.7 Mil) but then declined from Dec. 2023 (¥257.7 Mil) to Mar. 2024 (¥231.1 Mil).

Yuhuan CNC Machine Tool Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥195.8 Mil) to Dec. 2022 (¥166.1 Mil) but then increased from Dec. 2022 (¥166.1 Mil) to Dec. 2023 (¥257.7 Mil).

Yuhuan CNC Machine Tool Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yuhuan CNC Machine Tool 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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Yuhuan CNC Machine Tool Co Accounts Payable & Accrued Expense Chart

Yuhuan CNC Machine Tool Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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49.16

233.69

195.77

166.10

257.65

Yuhuan CNC Machine Tool 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															129.94	195.98	208.81	257.65	231.11

Yuhuan CNC Machine Tool 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.

Yuhuan CNC Machine Tool Co (SZSE:002903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuhuan CNC Machine Tool Co Ltd (SZSE:002903) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 9 Yongyang Road, Liuyang manufacturing industry base, Hunan Province, Changsha, CHN, 410323

Website

http://www.yh-cn.com

Yuhuan CNC Machine Tool Co Ltd is specialized in the research and development, production, sales and service of CNC grinding equipment, polishing machines and intelligent equipment products. The company's products are widely used in automotive, IT electronic, military, and aerospace, shipbuilding, bearings, seals, household appliances, and other key areas of the national economy.

Executives

Xu Liang	Directors, executives
Peng Guan Qing	Executives
Xu Yan Ming	Directors, executives
Xu Shi Xiong	Director
Zheng Ben Ming	Supervisors
Yi Xin	Directors, executives
Yang Ren Dong	Executives

Yuhuan CNC Machine Tool Co (SZSE:002903) Headlines

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