Shengtak New Material Co (SZSE:300881) Accounts Payable & Accrued Expense : ¥1,056 Mil (As of Mar. 2025)

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What is Shengtak New Material Co Accounts Payable & Accrued Expense?

Shengtak New Material Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥923 Mil) to Dec. 2024 (¥1,093 Mil) but then declined from Dec. 2024 (¥1,093 Mil) to Mar. 2025 (¥1,056 Mil).

Shengtak New Material Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥584 Mil) to Dec. 2023 (¥1,079 Mil) and increased from Dec. 2023 (¥1,079 Mil) to Dec. 2024 (¥1,093 Mil).

Shengtak New Material Co Accounts Payable & Accrued Expense Historical Data

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

Shengtak New Material Co Annual Data

Trend

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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289.15

468.19

584.28

1,078.70

1,092.78

Shengtak New Material Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,007.29	1,145.71	923.39	1,092.78	1,055.77

Shengtak 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.

Shengtak New Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shengtak New Material Co Ltd (SZSE:300881) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

west of the industrial park district towns, Jiangsu Province, Changzhou, CHN, 213144

Website

http://www.shengdechina.com

Shengtak New Material Co Ltd is a manufacturer of high-end seamless tubes of carbon steel, alloy steel & stainless steel. The company manufactures rifled seamless alloy steel tubes and seamless stainless steel tubes for high-pressure boilers, petroleum cracking & fertilizer equipment, and automotive industries in China.

Shengtak New Material Co Headlines

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