Weihai Guangwei Composites Co (SZSE:300699) Accounts Payable & Accrued Expense : ¥658 Mil (As of Mar. 2024)

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What is Weihai Guangwei Composites Co Accounts Payable & Accrued Expense?

Weihai Guangwei Composites Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥717 Mil) to Dec. 2023 (¥836 Mil) but then declined from Dec. 2023 (¥836 Mil) to Mar. 2024 (¥658 Mil).

Weihai Guangwei Composites Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥718 Mil) to Dec. 2022 (¥764 Mil) and increased from Dec. 2022 (¥764 Mil) to Dec. 2023 (¥836 Mil).

Weihai Guangwei Composites Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Weihai Guangwei Composites 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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Weihai Guangwei Composites Co Accounts Payable & Accrued Expense Chart

Weihai Guangwei Composites Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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460.44

473.21

717.67

763.75

836.21

Weihai Guangwei Composites 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															687.36	755.16	716.90	836.21	658.06

Weihai Guangwei Composites 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.

Weihai Guangwei Composites Co (SZSE:300699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Weihai Guangwei Composites Co Ltd (SZSE:300699) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Tianjin High Road - 130, Hi-Tech District, Shandong Province, Weihai, CHN, 264202

Website

http://www.gwcfc.com

Weihai Guangwei Composites Co Ltd is engaged in research, development, and production of advanced composites. It offers carbon, reinforced fiber fabric, prepregs and composite products. It is also engaged in equipment manufacturing. The company's composites and products are widely applied in various industries which include wind power, shipbuilding, sports industry, transportation industry, medical apparatus and instrument, textile machinery, industrial machinery, musical equipment, photographic equipment and the building.

Executives

Lin Feng Sen	Executives
Zhang Yue Yi	Directors, executives
Wang Zhuang Zhi	Executives
Gao Zhang Xing	Executives
Lu Zhao Jun	Director
Wang Wen Yi	Directors, executives
Li Shu Xiang	Director
Tan Xian Cai	Independent director

Weihai Guangwei Composites Co (SZSE:300699) Headlines

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