Rare Earth Magnesium Technology Group Holdings (STU:GPS) Accounts Payable : €1.82 Mil (As of Dec. 2023)

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What is Rare Earth Magnesium Technology Group Holdings Accounts Payable?

Rare Earth Magnesium Technology Group Holdings's Accounts Payable for the quarter that ended in Dec. 2023 was €1.82 Mil.

Rare Earth Magnesium Technology Group Holdings's quarterly Accounts Payable increased from Dec. 2022 (€2.12 Mil) to Jun. 2023 (€2.36 Mil) but then declined from Jun. 2023 (€2.36 Mil) to Dec. 2023 (€1.82 Mil).

Rare Earth Magnesium Technology Group Holdings's annual Accounts Payable increased from Dec. 2021 (€1.52 Mil) to Dec. 2022 (€2.12 Mil) but then declined from Dec. 2022 (€2.12 Mil) to Dec. 2023 (€1.82 Mil).

Rare Earth Magnesium Technology Group Holdings Accounts Payable Historical Data

The historical data trend for Rare Earth Magnesium Technology Group Holdings's Accounts Payable 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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Rare Earth Magnesium Technology Group Holdings Accounts Payable Chart

Rare Earth Magnesium Technology Group Holdings Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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5.53

3.84

1.52

2.12

1.82

Rare Earth Magnesium Technology Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable	Get a 7-Day Free Trial															1.52	2.43	2.12	2.36	1.82

Rare Earth Magnesium Technology Group Holdings Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Rare Earth Magnesium Technology Group Holdings Accounts Payable Related Terms

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Rare Earth Magnesium Technology Group Holdings (STU:GPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rare Earth Magnesium Technology Group Holdings Ltd (STU:GPS) » Definitions » Accounts Payable

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Traded in Other Exchanges

00601:Hong Kong

Address

The Gateway, 16th Floor, Tower 5, Tsim Sha Tsui, Kowloon, Harbour city, Hong Kong, HKG

Website

http://www.remt.com.hk

Rare Earth Magnesium Technology Group Holdings Ltd is to develop, produce and sell magnesium alloy series products. The company is principally engaged in one single segment, which is manufacturing and selling magnesium-related products. The company's products include magnesium ingots, semi-coke, and ferroalloy. Geographically, it derives the majority of its revenue from Mainland China and also has a presence in Europe.