Liaoning Xinde New Material Technology Co (SZSE:301349) Accounts Payable & Accrued Expense : ¥86.8 Mil (As of Mar. 2024)

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What is Liaoning Xinde New Material Technology Co Accounts Payable & Accrued Expense?

Liaoning Xinde New Material Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥115.6 Mil) to Dec. 2023 (¥108.0 Mil) and declined from Dec. 2023 (¥108.0 Mil) to Mar. 2024 (¥86.8 Mil).

Liaoning Xinde New Material Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥41.5 Mil) to Dec. 2022 (¥80.2 Mil) and increased from Dec. 2022 (¥80.2 Mil) to Dec. 2023 (¥108.0 Mil).

Liaoning Xinde New Material Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Liaoning Xinde New Material 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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Liaoning Xinde New Material Technology Co Accounts Payable & Accrued Expense Chart

Liaoning Xinde New Material Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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44.89

41.50

80.17

108.01

Liaoning Xinde New Material Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												50.89	33.38	115.60	108.01	86.81

Liaoning Xinde New Material 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.

Liaoning Xinde New Material Technology Co (SZSE:301349) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Liaoning Xinde New Material Technology Co Ltd (SZSE:301349) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 295 Wensheng Road, 4th Floor, Hongwei District, Liaoning Province, Liaoyang, CHN, 111003

Website

http://www.lnxdhg.com

Liaoning Xinde New Material Technology Co Ltd is engaged in the research and development, production and sales of negative electrode coating material products.

Liaoning Xinde New Material Technology Co (SZSE:301349) Headlines

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