Cre8 Direct (Ningbo) Co (SZSE:300703) Accounts Payable & Accrued Expense : ¥186 Mil (As of Mar. 2024)

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What is Cre8 Direct (Ningbo) Co Accounts Payable & Accrued Expense?

Cre8 Direct (Ningbo) Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥199 Mil) to Dec. 2023 (¥227 Mil) but then declined from Dec. 2023 (¥227 Mil) to Mar. 2024 (¥186 Mil).

Cre8 Direct (Ningbo) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥239 Mil) to Dec. 2022 (¥180 Mil) but then increased from Dec. 2022 (¥180 Mil) to Dec. 2023 (¥227 Mil).

Cre8 Direct (Ningbo) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cre8 Direct (Ningbo) 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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Cre8 Direct (Ningbo) Co Accounts Payable & Accrued Expense Chart

Cre8 Direct (Ningbo) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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207.86

383.57

238.58

179.52

227.36

Cre8 Direct (Ningbo) 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															154.53	254.89	199.37	227.36	185.66

Cre8 Direct (Ningbo) 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.

Cre8 Direct (Ningbo) Co (SZSE:300703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cre8 Direct (Ningbo) Co Ltd (SZSE:300703) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

45 West Lushan Road, Beilun District, Zhejiang Province, Ningbo, CHN

Website

http://www.cre8direct.net

Cre8 Direct (Ningbo) Co Ltd is a China-based company principally engaged in the design, production and sales of paper-based products around the world. Its product lines span a vast number of categories including stationery, storage, office supplies, scrapbooking, paper crafting, party, D.I.Y., dated goods, card making, and children's crafting.

Cre8 Direct (Ningbo) Co (SZSE:300703) Headlines

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