Hubei Huitian New Materials Co (SZSE:300041) Accounts Payable & Accrued Expense : ¥1,270 Mil (As of Mar. 2024)

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What is Hubei Huitian New Materials Co Accounts Payable & Accrued Expense?

Hubei Huitian New Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,228 Mil) to Dec. 2023 (¥1,304 Mil) but then declined from Dec. 2023 (¥1,304 Mil) to Mar. 2024 (¥1,270 Mil).

Hubei Huitian New Materials Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,201 Mil) to Dec. 2022 (¥1,284 Mil) and increased from Dec. 2022 (¥1,284 Mil) to Dec. 2023 (¥1,304 Mil).

Hubei Huitian New Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hubei Huitian New 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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Hubei Huitian New Materials Co Accounts Payable & Accrued Expense Chart

Hubei Huitian New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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659.82

836.49

1,200.63

1,284.24

1,304.01

Hubei Huitian New 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															1,457.68	1,061.64	1,227.76	1,304.01	1,270.42

Hubei Huitian New 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.

Hubei Huitian New Materials Co (SZSE:300041) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hubei Huitian New Materials Co Ltd (SZSE:300041) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Aerospace Road, National High-tech Development Zone, Hubei Province, Fuyang, CHN, 441057

Website

http://www.huitian.net.cn

Hubei Huitian New Materials Co Ltd is a China-based company engaged in the research and development, production, and sales of adhesives and chemicals. The products are used in the fields of photovoltaic, wind energy, environmental protection, transportation, electronics, general industry, building, flexible packaging and other fields. Its products are exported to Germany, Italy, USA, Brazil, Japan, India and other countries.

Executives

Zhang Li	Directors, executives
Cheng Jian Chao	Supervisors
Zhang Hong Jian	Secretary Dong
Leng Jin Zhou	Directors, executives
Wang Zheng Ye	Executives, directors
Zhao Yong Gang	Director
Shi Xiang Qiao	Director
Shi Xue Lin	Executives, directors
Zhang Feng	Director
Liu Peng	Director
Zou Zhi Jun	Executives
Wu Zheng Ming	Director
Wen Han Ping	Executives
Jin Yan	Supervisors
Ding Li	Supervisors

Hubei Huitian New Materials Co (SZSE:300041) Headlines

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