Zhejiang Zhongxin Fluoride Materials Co (SZSE:002915) Accounts Payable & Accrued Expense : ¥335 Mil (As of Mar. 2024)

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What is Zhejiang Zhongxin Fluoride Materials Co Accounts Payable & Accrued Expense?

Zhejiang Zhongxin Fluoride Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥414 Mil) to Dec. 2023 (¥469 Mil) but then declined from Dec. 2023 (¥469 Mil) to Mar. 2024 (¥335 Mil).

Zhejiang Zhongxin Fluoride Materials Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥229 Mil) to Dec. 2022 (¥341 Mil) and increased from Dec. 2022 (¥341 Mil) to Dec. 2023 (¥469 Mil).

Zhejiang Zhongxin Fluoride Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Zhongxin Fluoride Materials 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 Zhongxin Fluoride Materials Co Accounts Payable & Accrued Expense Chart

Zhejiang Zhongxin Fluoride Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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281.91

150.37

228.74

341.43

469.32

Zhejiang Zhongxin Fluoride Materials 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															332.34	401.10	414.12	469.32	334.60

Zhejiang Zhongxin Fluoride Materials 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 Zhongxin Fluoride Materials Co (SZSE:002915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Zhongxin Fluoride Materials Co Ltd (SZSE:002915) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 5, No. 13, Shangyu Economic and Technological Development Zone, Hangzhou Bay, Shangyu District, Zhejiang, Shangyu, CHN

Website

http://www.zxchemgroup.com

Zhejiang Zhongxin Fluoride Materials Co Ltd is engaged in manufacturing and selling of fluorine fine chemicals. Its products offering include Fluorine-containing cyanobenzene series, benzoic acid series, phenylcarbinol series and Heterocyclic ring series.

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