China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Accounts Payable & Accrued Expense : ¥3,635 Mil (As of Mar. 2024)

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What is China Northern Rare Earth (Group) High-Tech Co Accounts Payable & Accrued Expense?

China Northern Rare Earth (Group) High-Tech Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,748 Mil) to Dec. 2023 (¥3,311 Mil) but then increased from Dec. 2023 (¥3,311 Mil) to Mar. 2024 (¥3,635 Mil).

China Northern Rare Earth (Group) High-Tech Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥3,873 Mil) to Dec. 2022 (¥3,843 Mil) and declined from Dec. 2022 (¥3,843 Mil) to Dec. 2023 (¥3,311 Mil).

China Northern Rare Earth (Group) High-Tech Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Northern Rare Earth (Group) High-Tech 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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China Northern Rare Earth (Group) High-Tech Co Accounts Payable & Accrued Expense Chart

China Northern Rare Earth (Group) High-Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,929.07

2,160.13

3,872.94

3,842.63

3,310.76

China Northern Rare Earth (Group) High-Tech Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,401.08	3,205.77	3,747.97	3,310.76	3,635.36

China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Northern Rare Earth (Group) High-Tech Co Ltd (SHSE:600111) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 83 Huanghe Street, Baotou Rare Earth Hi-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030

Website

http://www.reht.com

China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in a non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources.

Executives

Wang Chen	senior management
Zhang Ri Hui	Director
Yu Ying Wu	senior management
Yang Zhan Feng	Director
Duan Li Feng	Supervisors
Xia Xue Wen	Supervisors
Zhao Dian Qing	Director
Wang Zhan Cheng	Director
Xing Li Guang	Director
Zhao De Gui	Director
Li Jin Ling	Director
Liu Yi	senior management
Huang Li Dong	Supervisors
Meng Zhi Quan	Director
Zhao Zhi Hua	Supervisors

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Headlines

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