Changzhou Fusion New Material Co (SHSE:688503) Accounts Payable & Accrued Expense : ¥429 Mil (As of Mar. 2024)

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What is Changzhou Fusion New Material Co Accounts Payable & Accrued Expense?

Changzhou Fusion New Material Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥685 Mil) to Dec. 2023 (¥607 Mil) and declined from Dec. 2023 (¥607 Mil) to Mar. 2024 (¥429 Mil).

Changzhou Fusion New Material Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥343 Mil) to Dec. 2022 (¥463 Mil) and increased from Dec. 2022 (¥463 Mil) to Dec. 2023 (¥607 Mil).

Changzhou Fusion New Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Changzhou Fusion New Material 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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Changzhou Fusion New Material Co Accounts Payable & Accrued Expense Chart

Changzhou Fusion New Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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89.28

137.09

342.64

463.34

606.82

Changzhou Fusion New Material Co Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											654.51	708.11	684.61	606.82	429.38

Changzhou Fusion New Material 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.

Changzhou Fusion New Material Co (SHSE:688503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changzhou Fusion New Material Co Ltd (SHSE:688503) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 66 Liuyanghe Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213031

Website

http://www.fusion-cz.com

Changzhou Fusion New Material Co Ltd specializes in the research and development, production and sales of new electronic pastes. The company's main product is front silver paste for solar cells. Front silver paste is a functional material based on silver powder, which is the key material for the preparation of solar cell metal electrodes. Its product performance and preparation process are directly related to the photoelectric conversion efficiency of solar cells.

Executives

Ren Yi Chao

Core technical personnel

Changzhou Fusion New Material Co (SHSE:688503) Headlines

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