Decheng Technology AG (FRA:3330) Accounts Payable & Accrued Expense : €0.18 Mil (As of Dec. 2023)

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What is Decheng Technology AG Accounts Payable & Accrued Expense?

Decheng Technology AG's quarterly accounts payable & accrued expense declined from Sep. 2021 (€0.28 Mil) to Jun. 2023 (€0.24 Mil) and declined from Jun. 2023 (€0.24 Mil) to Dec. 2023 (€0.18 Mil).

Decheng Technology AG's annual accounts payable & accrued expense increased from Dec. 2017 (€0.12 Mil) to Dec. 2018 (€0.25 Mil) but then declined from Dec. 2018 (€0.25 Mil) to Dec. 2023 (€0.18 Mil).

Decheng Technology AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Decheng Technology AG'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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Decheng Technology AG Accounts Payable & Accrued Expense Chart

Decheng Technology AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec23

Accounts Payable & Accrued Expense

8.70

9.12

0.12

0.25

0.18

Decheng Technology AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Mar20	Sep20	Mar21	Sep21	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										0.28	0.55	0.28	0.24	0.18

Decheng Technology AG 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.

Decheng Technology AG (FRA:3330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Decheng Technology AG (FRA:3330) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ziegelhauser Landstrasse 3, Heidelberg, DEU, 69120

Website

https://www.decheng-ag.de

Decheng Technology AG is engaged in the research and development, production and marketing of polyurethane resin and related additives in the People's Republic of China. The company's product profile includes Textile Applications, Leather Applications, Magnetic Absorber Material, and others. Its core product is classified into six categories namely Two liquid type polyurethane resin for dry fabrics, Polyurethane produces by the wet winding technology, Polyurethane resin for fiberic coating, Single liquid type polyurethane resin for dry fabrics, Coating additives, and Magnetic absorption polyurethane resin. The Polyurethane resin for fiberic coating generates maximum revenue for the company.

Decheng Technology AG (FRA:3330) Headlines

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