Gemac Engineering Machinery Co (SZSE:301048) Accounts Payable & Accrued Expense : ¥2,180 Mil (As of Mar. 2025)

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What is Gemac Engineering Machinery Co Accounts Payable & Accrued Expense?

Gemac Engineering Machinery Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥1,999 Mil) to Dec. 2024 (¥2,101 Mil) and increased from Dec. 2024 (¥2,101 Mil) to Mar. 2025 (¥2,180 Mil).

Gemac Engineering Machinery Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥1,918 Mil) to Dec. 2023 (¥1,932 Mil) and increased from Dec. 2023 (¥1,932 Mil) to Dec. 2024 (¥2,101 Mil).

Gemac Engineering Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gemac Engineering Machinery 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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Gemac Engineering Machinery Co Accounts Payable & Accrued Expense Chart

Gemac Engineering Machinery Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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1,588.86

1,602.99

1,918.15

1,932.49

2,101.25

Gemac Engineering Machinery 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															2,138.71	1,950.15	1,999.14	2,101.25	2,179.62

Gemac Engineering Machinery 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.

Gemac Engineering Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gemac Engineering Machinery Co Ltd (SZSE:301048) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 1, Xinming Road, High-tech Zone, Hubei Province, Xiangyang, CHN, 441004

Website

https://www.gemac-cn.com

Gemac Engineering Machinery Co Ltd is engaged in the research an development, production, sales and maintenance of rail engineering equipment products.

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