Zhejiang Kaier New Materials Co (SZSE:300234) Accounts Payable & Accrued Expense : ¥152.0 Mil (As of Mar. 2024)

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What is Zhejiang Kaier New Materials Co Accounts Payable & Accrued Expense?

Zhejiang Kaier New Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥186.4 Mil) to Dec. 2023 (¥215.4 Mil) but then declined from Dec. 2023 (¥215.4 Mil) to Mar. 2024 (¥152.0 Mil).

Zhejiang Kaier New Materials Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥263.1 Mil) to Dec. 2022 (¥258.6 Mil) and declined from Dec. 2022 (¥258.6 Mil) to Dec. 2023 (¥215.4 Mil).

Zhejiang Kaier New Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Kaier 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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Zhejiang Kaier New Materials Co Accounts Payable & Accrued Expense Chart

Zhejiang Kaier New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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161.92

182.71

263.15

258.56

215.39

Zhejiang Kaier 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															210.37	218.13	186.43	215.39	152.01

Zhejiang Kaier 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.

Zhejiang Kaier New Materials Co (SZSE:300234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhejiang Kaier New Materials Co Ltd (SZSE:300234) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Caozhai Industrial Zone, Jindong District, Jinhua City, Zhejiang Province, CHN, 3210031

Website

http://www.zjke.com

Zhejiang Kaier New Materials Co Ltd is engaged in the research, development, design, production, promotion, manufacture, and sales of functional enamel materials.

Executives

Xing Han Xue	Directors, executives
Wu Jian Ming	Directors, executives
Liu Yong Zhen	Executives
Xing Han Ke	Directors, executives
Zheng Gen Tu	Executives
Cheng Zhi Yong	Directors, executives
Sheng Lei	Securities Affairs Representative
Fu Jian You	Supervisors
Gu Jin Fang	Director

Zhejiang Kaier New Materials Co (SZSE:300234) Headlines

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