PhiChem (SZSE:300398) Accounts Payable & Accrued Expense : ¥563 Mil (As of Mar. 2024)

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What is PhiChem Accounts Payable & Accrued Expense?

PhiChem's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥535 Mil) to Dec. 2023 (¥599 Mil) but then declined from Dec. 2023 (¥599 Mil) to Mar. 2024 (¥563 Mil).

PhiChem's annual accounts payable & accrued expense declined from Dec. 2021 (¥729 Mil) to Dec. 2022 (¥589 Mil) but then increased from Dec. 2022 (¥589 Mil) to Dec. 2023 (¥599 Mil).

PhiChem Accounts Payable & Accrued Expense Historical Data

The historical data trend for PhiChem'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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PhiChem Accounts Payable & Accrued Expense Chart

PhiChem Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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481.79

593.52

729.33

588.98

599.18

PhiChem 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															432.68	434.68	535.31	599.18	563.27

PhiChem 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.

PhiChem (SZSE:300398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PhiChem Corp (SZSE:300398) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2999 Panjing Road, Baoshan district, Shanghai, CHN, 201908

Website

http://www.phichem.com.cn

PhiChem Corp is a chemical manufacturing company. It is engaged in the research, production, and sale of materials and specialty chemicals used in high-tech manufacturing. Its product portfolio includes formulated ultraviolet (UV) curable materials optical fiber/cable, materials for wafer, printed circuit board, light-emitting diode (LED), Surface-mount technology (SMT) production, Liquid crystal materials for information display applications, release coating materials for packaging and industrial applications, specialty resins, intermediates and additives. Its products are also used in electronic manufacturing fields. The company has a global presence with sales offices in China, Taiwan, Japan, United States, South Korea and India.

Executives

Su Bin	Directors, executives
Song Shu Guo	Directors, executives
	Director
Zhang Lu Yang	Independent director
Jin Ding	Director
Wang Lin	Supervisors

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