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Zhejiang Hengwei Battery Co (SZSE:301222) Accounts Payable & Accrued Expense : ¥56.7 Mil (As of Mar. 2024)


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What is Zhejiang Hengwei Battery Co Accounts Payable & Accrued Expense?

Zhejiang Hengwei Battery Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥60.2 Mil) to Dec. 2023 (¥62.0 Mil) but then declined from Dec. 2023 (¥62.0 Mil) to Mar. 2024 (¥56.7 Mil).

Zhejiang Hengwei Battery Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥51.7 Mil) to Dec. 2022 (¥67.0 Mil) but then declined from Dec. 2022 (¥67.0 Mil) to Dec. 2023 (¥62.0 Mil).

Zhejiang Hengwei Battery Co Accounts Payable & Accrued Expense Historical Data

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

Zhejiang Hengwei Battery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.49 65.48 51.68 66.98 62.05

Zhejiang Hengwei Battery Co Quarterly Data
Jun17 Dec17 Dec18 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.47 48.02 60.23 62.05 56.67

Zhejiang Hengwei Battery 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 Hengwei Battery Co (SZSE:301222) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Hengwei Battery Co Ltd (SZSE:301222) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
No. 77 Zhengyang West Road, Youchegang, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314018
Website
http://www.hwbattery.com
Zhejiang Hengwei Battery Co Ltd is engaged in the production and sales of dry batteries and their accessories, and supporting small household appliances; research and development, manufacturing, sales and related technical services of battery parts and special equipment for battery production; engaged in import and export business.
Executives
Xu Yao Ting Directors, executives

Zhejiang Hengwei Battery Co (SZSE:301222) Headlines

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