Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Accounts Payable & Accrued Expense : ¥1,560 Mil (As of Mar. 2024)

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What is Nanjing Kangni Mechanical & Electrical Co Accounts Payable & Accrued Expense?

Nanjing Kangni Mechanical & Electrical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,475 Mil) to Dec. 2023 (¥1,780 Mil) but then declined from Dec. 2023 (¥1,780 Mil) to Mar. 2024 (¥1,560 Mil).

Nanjing Kangni Mechanical & Electrical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,850 Mil) to Dec. 2022 (¥1,873 Mil) but then declined from Dec. 2022 (¥1,873 Mil) to Dec. 2023 (¥1,780 Mil).

Nanjing Kangni Mechanical & Electrical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nanjing Kangni Mechanical & Electrical 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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Nanjing Kangni Mechanical & Electrical Co Accounts Payable & Accrued Expense Chart

Nanjing Kangni Mechanical & Electrical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,581.15

1,796.76

1,850.27

1,872.93

1,780.39

Nanjing Kangni Mechanical & Electrical 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															1,627.73	1,545.54	1,474.95	1,780.39	1,560.33

Nanjing Kangni Mechanical & Electrical 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.

Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nanjing Kangni Mechanical & Electrical Co Ltd (SHSE:603111) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19, Hengda Road, Economic and Technological Development Zone, Nanjing, CHN, 210038

Website

http://www.kn-nanjing.com

Nanjing Kangni Mechanical & Electrical Co Ltd IS engaged in the research and development, manufacturing and maintenance of railway vehicle door system. It has cooperated with major car builders such as Bombardier, Alstom, and Siemens to sell products all over the world, including France, Canada, Turkey, Singapore, Argentina, America, Saudi Arabia and Brazil. It also provides other a full suite of related products such as interior fittings, power connectors, platform screen doors, new energy products for automobile industry and precision machining equipment.

Executives

Liao Liang Mao	Director
Li Hong	senior management
Xu Qing	senior management
Chen Lei	senior management
Wang Ya Dong	senior management
Zhang Jin Xiong	Supervisors
Xu Guan Nan	senior management
Tang Wei Hua	senior management
Liu Wen Ping	Director
Gu Mei Hua	senior management
Gao Wen Ming	Director
Zhu Wei Dong	senior management
Shi Xiang	senior management
Chen Ying Qi	Director

Nanjing Kangni Mechanical & Electrical Co (SHSE:603111) Headlines

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