Dongguan Golden Sun Abrasives Co (SZSE:300606) Accounts Payable & Accrued Expense : ¥167.4 Mil (As of Mar. 2024)

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What is Dongguan Golden Sun Abrasives Co Accounts Payable & Accrued Expense?

Dongguan Golden Sun Abrasives Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥186.3 Mil) to Dec. 2023 (¥209.0 Mil) but then declined from Dec. 2023 (¥209.0 Mil) to Mar. 2024 (¥167.4 Mil).

Dongguan Golden Sun Abrasives Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥208.5 Mil) to Dec. 2022 (¥136.5 Mil) but then increased from Dec. 2022 (¥136.5 Mil) to Dec. 2023 (¥209.0 Mil).

Dongguan Golden Sun Abrasives Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Dongguan Golden Sun Abrasives 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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Dongguan Golden Sun Abrasives Co Accounts Payable & Accrued Expense Chart

Dongguan Golden Sun Abrasives Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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134.18

182.94

208.50

136.47

209.00

Dongguan Golden Sun Abrasives 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															118.35	151.18	186.26	209.00	167.41

Dongguan Golden Sun Abrasives 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.

Dongguan Golden Sun Abrasives Co (SZSE:300606) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dongguan Golden Sun Abrasives Co Ltd (SZSE:300606) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Da Lingshan Town Loop 66 East, Dongguan, CHN, 523821

Website

http://www.chinagoldensun.cn

Dongguan Golden Sun Abrasives Co Ltd engages in the research, manufacture, and sale of coated abrasive products in China. The company's main products include waterproof dry anti-clog coated, and dry abrasive papers, as well as new materials products and abrasive paper products in various shapes. Its products are mainly applied in car, clothing, leather products, bamboo products, furniture manufacturing, printing, musical instruments, metal products, architectural decoration, 3C electronic products, glass, stone and gem processing, beauty care, optical communication, shipbuilding, and synthetic materials industries.

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