Funeng Oriental Equipment Technology Co (SZSE:300173) Accounts Payable & Accrued Expense : ¥1,000.6 Mil (As of Sep. 2024)

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What is Funeng Oriental Equipment Technology Co Accounts Payable & Accrued Expense?

Funeng Oriental Equipment Technology Co's quarterly accounts payable & accrued expense declined from Mar. 2024 (¥1,216.1 Mil) to Jun. 2024 (¥1,091.2 Mil) and declined from Jun. 2024 (¥1,091.2 Mil) to Sep. 2024 (¥1,000.6 Mil).

Funeng Oriental Equipment Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,636.6 Mil) to Dec. 2022 (¥1,517.9 Mil) and declined from Dec. 2022 (¥1,517.9 Mil) to Dec. 2023 (¥1,463.8 Mil).

Funeng Oriental Equipment Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Funeng Oriental Equipment 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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Funeng Oriental Equipment Technology Co Accounts Payable & Accrued Expense Chart

Funeng Oriental Equipment Technology Co Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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450.23

1,100.06

1,636.62

1,517.94

1,463.82

Funeng Oriental Equipment Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,598.51	1,463.82	1,216.08	1,091.19	1,000.63

Funeng Oriental Equipment 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.

Funeng Oriental Equipment Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Funeng Oriental Equipment Technology Co Ltd (SZSE:300173) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Jihua 6th Road, Zumiao Street, Chancheng District, 3301-3310, Building 5, Greenland Center, No. 17, Guangdong Province, Foshan, CHN, 528010

Website

http://www.songde.com.cn

Funeng Oriental Equipment Technology Co Ltd, formerly Sotech Smarter Equipment Co Ltd is engaged in manufacturing printing and converting machinery in China. It provides a variety of equipment for the customization requirements of various industries. Its products include rotogravure and flexographic printing machines, extrusion machines, slitting rewinders, coating machines, extrusion coaters and laminating machines.

Executives

He Zhi Pan	Director
Guo Jing Song	Directors, executives
Liu Yao Yuan	Supervisors
Lei Wan Chun	Directors, executives
Zhang Xiao Ling	Director
Zhang Xing Bin	Director
Liu Shuo	Executives
Yu Xiao Lan	Supervisors
Guo Xiao Chun	Supervisors
Tang Xian Shi	Director
Qin Bo	Director
Liu Guo Qin	Supervisors
Huang Yan Ling	Executives
Li Yong Cheng	Executives

Funeng Oriental Equipment Technology Co Headlines

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