Shantou Wanshun New Material Group Co (SZSE:300057) Accounts Payable & Accrued Expense : ¥1,501 Mil (As of Mar. 2024)

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What is Shantou Wanshun New Material Group Co Accounts Payable & Accrued Expense?

Shantou Wanshun New Material Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,523 Mil) to Dec. 2023 (¥1,780 Mil) but then declined from Dec. 2023 (¥1,780 Mil) to Mar. 2024 (¥1,501 Mil).

Shantou Wanshun New Material Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,760 Mil) to Dec. 2022 (¥1,592 Mil) but then increased from Dec. 2022 (¥1,592 Mil) to Dec. 2023 (¥1,780 Mil).

Shantou Wanshun New Material Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shantou Wanshun New Material 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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Shantou Wanshun New Material Group Co Accounts Payable & Accrued Expense Chart

Shantou Wanshun New Material Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,923.84

2,028.92

1,759.77

1,591.95

1,779.85

Shantou Wanshun New Material 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															1,482.53	1,180.40	1,523.04	1,779.85	1,501.16

Shantou Wanshun New Material 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.

Shantou Wanshun New Material Group Co (SZSE:300057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shantou Wanshun New Material Group Co Ltd (SZSE:300057) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shantou Free Trade Zone, Wanshun Industrial Park, Guangdong Province, Shantou, CHN, 515078

Website

http://www.wanshun.cn

Shantou Wanshun New Material Group Co Ltd, formerly known as Shantou Wanshun Package Material Stock Co Ltd is a China-based company engaged in producing eco-friendly packaging material, high-precision aluminum foil, and functional film. The products offered by the company are intelligent light control film, ITO conductive film, high resistance diaphragm, aluminized film, intelligent electronically controlled liquid crystal film, and others.

Executives

Du Cheng Cheng	Directors, executives
Zhang Ji Hui	Independent director
Zhou Qian Wen	Director
Cai Yi Ran	Director
Yang Shi Zhe	Securities Affairs Representative
Han Xiao	Directors, executives, representatives of securiti

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