Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Accounts Payable & Accrued Expense : ¥76.7 Mil (As of Mar. 2024)

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What is Chengdu Zhonghuan Flow Controls Mfg Co Accounts Payable & Accrued Expense?

Chengdu Zhonghuan Flow Controls Mfg Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥83.3 Mil) to Dec. 2023 (¥96.2 Mil) but then declined from Dec. 2023 (¥96.2 Mil) to Mar. 2024 (¥76.7 Mil).

Chengdu Zhonghuan Flow Controls Mfg Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥74.0 Mil) to Dec. 2022 (¥127.1 Mil) but then declined from Dec. 2022 (¥127.1 Mil) to Dec. 2023 (¥96.2 Mil).

Chengdu Zhonghuan Flow Controls Mfg Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chengdu Zhonghuan Flow Controls Mfg 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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Chengdu Zhonghuan Flow Controls Mfg Co Accounts Payable & Accrued Expense Chart

Chengdu Zhonghuan Flow Controls Mfg Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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74.76

46.93

74.02

127.09

96.24

Chengdu Zhonghuan Flow Controls Mfg Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															93.09	90.92	83.30	96.24	76.67

Chengdu Zhonghuan Flow Controls Mfg 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.

Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chengdu Zhonghuan Flow Controls Mfg Co Ltd (BJSE:836260) » Definitions » Accounts Payable & Accrued Expense

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Address

No. 2139, Konggang 4th Road, Southwest Airport, Pilot Free Trade Zone, Xihanggang, Shuangliu District, Chengdu, CHN, 610207

Website

https://www.zh-flow.com

Chengdu Zhonghuan Flow Controls Mfg Co Ltd engages in the design, development, production, and sales of valve actuators, wellhead safety control systems, and skid-mounted equipment. It manufactures API 6D valve gas-hydraulic actuators, electro-hydraulic actuators, and pneumatic actuators; API 6A wellhead safety control systems, wellhead safety valve actuators; skids for major conventional oil and gas fields, unconventional oil and gas fields, gas storage depots, and local gas companies Assembly and module manufacturing; control valves and instrumentation.

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