Tianjin Ringpu Bio-Technology Co (SZSE:300119) Accounts Payable & Accrued Expense : ¥692 Mil (As of Mar. 2024)

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What is Tianjin Ringpu Bio-Technology Co Accounts Payable & Accrued Expense?

Tianjin Ringpu Bio-Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥750 Mil) to Dec. 2023 (¥760 Mil) but then declined from Dec. 2023 (¥760 Mil) to Mar. 2024 (¥692 Mil).

Tianjin Ringpu Bio-Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥444 Mil) to Dec. 2022 (¥598 Mil) and increased from Dec. 2022 (¥598 Mil) to Dec. 2023 (¥760 Mil).

Tianjin Ringpu Bio-Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tianjin Ringpu Bio-Technology 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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Tianjin Ringpu Bio-Technology Co Accounts Payable & Accrued Expense Chart

Tianjin Ringpu Bio-Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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381.41

385.54

444.25

598.48

759.77

Tianjin Ringpu Bio-Technology 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															610.36	611.11	750.15	759.77	692.22

Tianjin Ringpu Bio-Technology 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.

Tianjin Ringpu Bio-Technology Co (SZSE:300119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tianjin Ringpu Bio-Technology Co Ltd (SZSE:300119) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.6, Liujing Road, Developing Zone, Tianjin, CHN, 300300

Website

http://www.ringpu.com

Tianjin Ringpu Bio-Technology Co Ltd is a China-based company. It is engaged in biotechnology and animal medicine, focusing on the national demand for agricultural sustainable development. The company provides products for Poultry; Swine; Pet; Aquatic; and Cattle and Sheep.

Tianjin Ringpu Bio-Technology Co (SZSE:300119) Headlines

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