Qingyan Environmental Technology Co (SZSE:301288) Accounts Payable & Accrued Expense : ¥73.1 Mil (As of Mar. 2024)

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What is Qingyan Environmental Technology Co Accounts Payable & Accrued Expense?

Qingyan Environmental Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥45.3 Mil) to Dec. 2023 (¥90.0 Mil) but then declined from Dec. 2023 (¥90.0 Mil) to Mar. 2024 (¥73.1 Mil).

Qingyan Environmental Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥34.0 Mil) to Dec. 2022 (¥66.0 Mil) and increased from Dec. 2022 (¥66.0 Mil) to Dec. 2023 (¥90.0 Mil).

Qingyan Environmental Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qingyan Environmental Technology 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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Qingyan Environmental Technology Co Accounts Payable & Accrued Expense Chart

Qingyan Environmental Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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32.72

29.34

34.03

65.97

89.99

Qingyan Environmental Technology Co Quarterly Data
	Dec18	Dec19	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												51.35	43.93	45.31	89.99	73.06

Qingyan Environmental Technology 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.

Qingyan Environmental Technology Co (SZSE:301288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Qingyan Environmental Technology Co Ltd (SZSE:301288) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 019, Gaoxin South 7th Road, Yuehai Street, Room C527, 5th Floor, Tsinghua University Research Institute, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.tsinghuan.com.cn

Qingyan Environmental Technology Co Ltd is engaged in the biochemical wastewater treatment technology research and development and application.

Qingyan Environmental Technology Co (SZSE:301288) Headlines

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