Poly Plastic Masterbatch (SuZhou) Co (SZSE:300905) Accounts Payable & Accrued Expense : ¥158 Mil (As of Mar. 2024)

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What is Poly Plastic Masterbatch (SuZhou) Co Accounts Payable & Accrued Expense?

Poly Plastic Masterbatch (SuZhou) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥176 Mil) to Dec. 2023 (¥173 Mil) and declined from Dec. 2023 (¥173 Mil) to Mar. 2024 (¥158 Mil).

Poly Plastic Masterbatch (SuZhou) Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥132 Mil) to Dec. 2022 (¥117 Mil) but then increased from Dec. 2022 (¥117 Mil) to Dec. 2023 (¥173 Mil).

Poly Plastic Masterbatch (SuZhou) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Poly Plastic Masterbatch (SuZhou) 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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Poly Plastic Masterbatch (SuZhou) Co Accounts Payable & Accrued Expense Chart

Poly Plastic Masterbatch (SuZhou) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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65.16

91.65

132.24

117.15

172.62

Poly Plastic Masterbatch (SuZhou) 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															131.38	163.77	175.60	172.62	157.74

Poly Plastic Masterbatch (SuZhou) 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.

Poly Plastic Masterbatch (SuZhou) Co (SZSE:300905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Poly Plastic Masterbatch (SuZhou) Co Ltd (SZSE:300905) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiangcheng District, Shiqiao Village, Beiqiao Town, Jiangsu Province, Suzhou, CHN, 215144

Website

http://www.ppm-sz.cn

Poly Plastic Masterbatch (SuZhou) Co Ltd is engaged in manufacturing and sales of chemical fiber masterbatch used for dope dyed yarn and additive materials, and provide technology support for customers' product application. The company's main products include Polyester Masterbatch and Nylon Masterbatch.

Executives

Zhu Jian Guo	Directors, executives
Gong Fu Ming	Directors, executives

Poly Plastic Masterbatch (SuZhou) Co (SZSE:300905) Headlines

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