Jiangsu Huaxin New Material Co (SZSE:300717) Accounts Payable & Accrued Expense : ¥56.4 Mil (As of Mar. 2024)

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What is Jiangsu Huaxin New Material Co Accounts Payable & Accrued Expense?

Jiangsu Huaxin New Material Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥52.0 Mil) to Dec. 2023 (¥67.3 Mil) but then declined from Dec. 2023 (¥67.3 Mil) to Mar. 2024 (¥56.4 Mil).

Jiangsu Huaxin New Material Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥48.0 Mil) to Dec. 2022 (¥83.2 Mil) but then declined from Dec. 2022 (¥83.2 Mil) to Dec. 2023 (¥67.3 Mil).

Jiangsu Huaxin New Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiangsu Huaxin New Material 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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Jiangsu Huaxin New Material Co Accounts Payable & Accrued Expense Chart

Jiangsu Huaxin New Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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46.88

39.26

48.01

83.25

67.34

Jiangsu Huaxin New Material 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															68.97	45.96	51.95	67.34	56.41

Jiangsu Huaxin New Material 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.

Jiangsu Huaxin New Material Co (SZSE:300717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Huaxin New Material Co Ltd (SZSE:300717) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 189, Daqiao East Road, Xinyi, Taipei, CHN, 221416

Website

http://www.huaxinchina.cc

Jiangsu Huaxin New Material Co Ltd manufactures plastic products. The Company designs, produces, and markets smart card substrate and functional plastic films. Its products include PETG, PVC, PVC/ABS blend, bio-degradable PHA, and medical films; coated overlays; digital printing materials; and PET and PC card materials, as well as coated PVC for etching antennas. The company offers its products for use in various industries, including finance, transport, medical treatment, electronic information, social security, decoration, packaging.

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