Zhejiang Xinchai Co (SZSE:301032) Accounts Payable & Accrued Expense : ¥1,395 Mil (As of Jun. 2024)

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What is Zhejiang Xinchai Co Accounts Payable & Accrued Expense?

Zhejiang Xinchai Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (¥1,360 Mil) to Mar. 2024 (¥1,442 Mil) but then declined from Mar. 2024 (¥1,442 Mil) to Jun. 2024 (¥1,395 Mil).

Zhejiang Xinchai Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,164 Mil) to Dec. 2022 (¥1,143 Mil) but then increased from Dec. 2022 (¥1,143 Mil) to Dec. 2023 (¥1,360 Mil).

Zhejiang Xinchai Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Xinchai 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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Zhejiang Xinchai Co Accounts Payable & Accrued Expense Chart

Zhejiang Xinchai Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,126.53

1,597.39

1,163.83

1,143.49

1,360.19

Zhejiang Xinchai Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,480.69	1,476.48	1,360.19	1,441.51	1,395.44

Zhejiang Xinchai 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.

Zhejiang Xinchai Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Xinchai Co Ltd (SZSE:301032) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

888 Xinchang Avenue West Road, Zhejiang Province, CHN, 312500

Website

http://www.xinchaipower.com

Zhejiang Xinchai Co Ltd is engaged in the research and development, production and sales of non-road diesel engines and related parts.

Executives

Wang Guo Gang	Supervisors
Liang Zhong Qing	Supervisors
Zhou Gao Feng	Executives
Yuan Li Tao	Executives
Yang Bin Fei	Executives

Zhejiang Xinchai Co Headlines

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