Ningxia Buliding Materials Group Co (SHSE:600449) Accounts Payable & Accrued Expense : ¥2,293 Mil (As of Mar. 2024)

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What is Ningxia Buliding Materials Group Co Accounts Payable & Accrued Expense?

Ningxia Buliding Materials Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,584 Mil) to Dec. 2023 (¥2,496 Mil) and declined from Dec. 2023 (¥2,496 Mil) to Mar. 2024 (¥2,293 Mil).

Ningxia Buliding Materials Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,179 Mil) to Dec. 2022 (¥1,897 Mil) and increased from Dec. 2022 (¥1,897 Mil) to Dec. 2023 (¥2,496 Mil).

Ningxia Buliding Materials Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningxia Buliding Materials Group 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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Ningxia Buliding Materials Group Co Accounts Payable & Accrued Expense Chart

Ningxia Buliding Materials Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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838.52

879.37

1,179.00

1,896.61

2,495.59

Ningxia Buliding Materials Group 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															1,570.83	1,931.30	2,583.72	2,495.59	2,292.86

Ningxia Buliding Materials Group 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.

Ningxia Buliding Materials Group Co (SHSE:600449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ningxia Buliding Materials Group Co Ltd (SHSE:600449) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

2 kilometers from Xinxiao Line, Ningxia Hui Autonomous Region, Xixia District, Yinchuan, CHN, 750021

Website

http://www.saimasy.com.cn

Ningxia Building Materials Group Co Ltd is engaged in research and development, production, sales, technical services and management services of cement, cement products, cement clinker, commercial concrete and related products. The company also engaged in import and export business of building materials products and related technology import and export business Production and sales of fly ash.

Ningxia Buliding Materials Group Co (SHSE:600449) Headlines

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