Asian Star Anchor Chain Co (SHSE:601890) Accounts Payable & Accrued Expense : ¥157 Mil (As of Mar. 2024)

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What is Asian Star Anchor Chain Co Accounts Payable & Accrued Expense?

Asian Star Anchor Chain Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥389 Mil) to Dec. 2023 (¥253 Mil) and declined from Dec. 2023 (¥253 Mil) to Mar. 2024 (¥157 Mil).

Asian Star Anchor Chain Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥194 Mil) to Dec. 2022 (¥386 Mil) but then declined from Dec. 2022 (¥386 Mil) to Dec. 2023 (¥253 Mil).

Asian Star Anchor Chain Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asian Star Anchor Chain 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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Asian Star Anchor Chain Co Accounts Payable & Accrued Expense Chart

Asian Star Anchor Chain Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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212.88

212.22

193.93

386.37

253.20

Asian Star Anchor Chain 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															287.98	346.98	389.27	253.20	157.34

Asian Star Anchor Chain 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.

Asian Star Anchor Chain Co (SHSE:601890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Asian Star Anchor Chain Co Ltd (SHSE:601890) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Number 88, Meirengang Road, Dongxing, Jiangsu, Jingjiang, CHN, 214533

Website

http://www.anchor-chain.com

Asian Star Anchor Chain Co Ltd is engaged in the production and distribution of marine anchor chains and marine mooring chains. It mainly provides marine anchor chains and ocean platform mooring chains, as well as related parts and components. The company also offers accessories comprising Kenter Shackle, Joining Shackle, Swivel, End Shackle and Other fittings.

Asian Star Anchor Chain Co (SHSE:601890) Headlines

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