Essence Fastening Systems (Shanghai) Co (SZSE:301005) Accounts Payable & Accrued Expense : ¥155.6 Mil (As of Mar. 2024)

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What is Essence Fastening Systems (Shanghai) Co Accounts Payable & Accrued Expense?

Essence Fastening Systems (Shanghai) Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥156.0 Mil) to Dec. 2023 (¥186.7 Mil) but then declined from Dec. 2023 (¥186.7 Mil) to Mar. 2024 (¥155.6 Mil).

Essence Fastening Systems (Shanghai) Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥96.4 Mil) to Dec. 2022 (¥182.0 Mil) and increased from Dec. 2022 (¥182.0 Mil) to Dec. 2023 (¥186.7 Mil).

Essence Fastening Systems (Shanghai) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Essence Fastening Systems (Shanghai) 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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Essence Fastening Systems (Shanghai) Co Accounts Payable & Accrued Expense Chart

Essence Fastening Systems (Shanghai) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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78.40

95.76

96.40

182.05

186.68

Essence Fastening Systems (Shanghai) Co Quarterly Data
	Dec17	Dec18	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															140.61	123.97	155.96	186.68	155.61

Essence Fastening Systems (Shanghai) 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.

Essence Fastening Systems (Shanghai) Co (SZSE:301005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Essence Fastening Systems (Shanghai) Co Ltd (SZSE:301005) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39, Lane 100, Fengshuo Road, Jiading District, Shanghai, CHN, 201822

Website

http://www.shchaojie.com.cn

Essence Fastening Systems (Shanghai) Co Ltd is engaged in the research and development, production, and sales of high-strength precision fasteners, special-shaped connectors, and other products.

Executives

Li Xin An	Executives
Song Shu Sheng	Director
Li Hong Tao	Directors, executives
Yi Qin Feng	Directors, executives

Essence Fastening Systems (Shanghai) Co (SZSE:301005) Headlines

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