Guizhou Zhenhua E-chem (SHSE:688707) Accounts Payable & Accrued Expense : ¥2,489 Mil (As of Mar. 2024)

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What is Guizhou Zhenhua E-chem Accounts Payable & Accrued Expense?

Guizhou Zhenhua E-chem's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,711 Mil) to Dec. 2023 (¥3,477 Mil) but then declined from Dec. 2023 (¥3,477 Mil) to Mar. 2024 (¥2,489 Mil).

Guizhou Zhenhua E-chem's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,600 Mil) to Dec. 2022 (¥3,872 Mil) but then declined from Dec. 2022 (¥3,872 Mil) to Dec. 2023 (¥3,477 Mil).

Guizhou Zhenhua E-chem Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guizhou Zhenhua E-chem'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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Guizhou Zhenhua E-chem Accounts Payable & Accrued Expense Chart

Guizhou Zhenhua E-chem Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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845.93

1,229.71

1,599.72

3,871.52

3,477.31

Guizhou Zhenhua E-chem Quarterly Data
	Dec17	Dec18	Dec19	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														2,763.17	2,224.37	2,711.47	3,477.31	2,489.27

Guizhou Zhenhua E-chem 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.

Guizhou Zhenhua E-chem (SHSE:688707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guizhou Zhenhua E-chem Inc (SHSE:688707) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 1, Gaokua Road, Baiyun District, Guizhou Province, Guiyang, CHN, 550016

Website

http://www.zh-echem.com

Guizhou Zhenhua E-chem Inc is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries.

Executives

Zhou Chao Yi	Core technical personnel
Xiang Qian Xin	Directors, senior managers, core technical personn
Li Lu	Core technical personnel

Guizhou Zhenhua E-chem (SHSE:688707) Headlines

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