TJK Machinery (Tianjin) Co (SZSE:300823) Accounts Payable & Accrued Expense : ¥134.3 Mil (As of Mar. 2024)

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What is TJK Machinery (Tianjin) Co Accounts Payable & Accrued Expense?

TJK Machinery (Tianjin) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥142.5 Mil) to Dec. 2023 (¥139.4 Mil) and declined from Dec. 2023 (¥139.4 Mil) to Mar. 2024 (¥134.3 Mil).

TJK Machinery (Tianjin) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥122.4 Mil) to Dec. 2022 (¥115.3 Mil) but then increased from Dec. 2022 (¥115.3 Mil) to Dec. 2023 (¥139.4 Mil).

TJK Machinery (Tianjin) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for TJK Machinery (Tianjin) 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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TJK Machinery (Tianjin) Co Accounts Payable & Accrued Expense Chart

TJK Machinery (Tianjin) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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153.43

129.82

122.39

115.31

139.42

TJK Machinery (Tianjin) 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															122.91	137.34	142.48	139.42	134.30

TJK Machinery (Tianjin) 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.

TJK Machinery (Tianjin) Co (SZSE:300823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TJK Machinery (Tianjin) Co Ltd (SZSE:300823) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 7 Wuwei Road, Lugang Logistics Equipment Industrial Park, Beichen District, Tianjin, CHN, 300408

Website

https://www.tjkmachinery.com

TJK Machinery (Tianjin) Co Ltd is engaged in the research and development, design, production and sales of high-end CNC steel bar processing equipment and provides overall solutions for CNC steel bar processing. The company's products are used in high-speed railways, highways, bridges and tunnels, rail transit, underground pipeline corridors, nuclear power, hydropower and other large-scale infrastructure construction and assembly buildings, steel processing and distribution centers and other fields.

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