Nantong Acetic Acid Chemical Co (SHSE:603968) Accounts Payable & Accrued Expense : ¥641 Mil (As of Mar. 2024)

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What is Nantong Acetic Acid Chemical Co Accounts Payable & Accrued Expense?

Nantong Acetic Acid Chemical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥550 Mil) to Dec. 2023 (¥636 Mil) and increased from Dec. 2023 (¥636 Mil) to Mar. 2024 (¥641 Mil).

Nantong Acetic Acid Chemical Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥565 Mil) to Dec. 2022 (¥491 Mil) but then increased from Dec. 2022 (¥491 Mil) to Dec. 2023 (¥636 Mil).

Nantong Acetic Acid Chemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nantong Acetic Acid Chemical 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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Nantong Acetic Acid Chemical Co Accounts Payable & Accrued Expense Chart

Nantong Acetic Acid Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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239.75

277.19

565.39

491.26

636.48

Nantong Acetic Acid Chemical 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															544.70	584.29	549.69	636.48	640.69

Nantong Acetic Acid Chemical 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.

Nantong Acetic Acid Chemical Co (SHSE:603968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nantong Acetic Acid Chemical Co Ltd (SHSE:603968) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nantong Economic and Technological Development Zone, 968 Jiangshan Road, Jiangsu, CHN, 226009

Website

http://www.ntacf.com.cn

Nantong Acetic Acid Chemical Co Ltd deals in food and feed additives, pharmaceutical and pesticide intermediates, dye and pigment intermediates, and organic chemical raw materials. The product portfolio includes - sorbic acid, potassium sorbate, dehydroacetic acid, nicotinic acid, clopidol, methyl acetoacetate, acetoacetanilide, and others.

Executives

Qing Jiu	Director
Yu Xin Nan	Director
Tao Tao	senior management
Xue Jin Quan	senior management
Shuai Jian Xin	senior management
Ding Cai Feng	Director
Qian Jin	senior management
Gu Qing Quan	Director
Yan Mei Hua	senior management

Nantong Acetic Acid Chemical Co (SHSE:603968) Headlines

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