Guangdong Mingyang Electric Co (SZSE:301291) Accounts Payable & Accrued Expense : ¥3,525 Mil (As of Mar. 2025)

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What is Guangdong Mingyang Electric Co Accounts Payable & Accrued Expense?

Guangdong Mingyang Electric Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (¥3,336 Mil) to Dec. 2024 (¥4,065 Mil) but then declined from Dec. 2024 (¥4,065 Mil) to Mar. 2025 (¥3,525 Mil).

Guangdong Mingyang Electric Co's annual accounts payable & accrued expense increased from Dec. 2022 (¥2,080 Mil) to Dec. 2023 (¥3,099 Mil) and increased from Dec. 2023 (¥3,099 Mil) to Dec. 2024 (¥4,065 Mil).

Guangdong Mingyang Electric Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangdong Mingyang Electric 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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Guangdong Mingyang Electric Co Accounts Payable & Accrued Expense Chart

Guangdong Mingyang Electric Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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714.20

1,085.54

2,080.29

3,099.17

4,065.27

Guangdong Mingyang Electric Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													2,712.33	2,800.99	3,336.14	4,065.27	3,524.63

Guangdong Mingyang Electric 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.

Guangdong Mingyang Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Mingyang Electric Co Ltd (SZSE:301291) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 1 Xingye West Road, Hengmen, Nanlang Town, Guangdong, Zhongshan, CHN, 528451

Website

http://www.mingyang.com.cn

Guangdong Mingyang Electric Co Ltd is engaged in research & development, production and sales of power transmission and distribution and control equipment in the fields of new energy and new infrastructure. The company mainly focuses on intelligent transformers, prefabricated transformers and intelligent switchgear. It is committed to becoming a leading provider of intelligent power distribution equipment.

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