Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Accounts Payable & Accrued Expense : ¥2,207 Mil (As of Mar. 2024)

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What is Qinchuan Machine Tool & Tool Group Share Co Accounts Payable & Accrued Expense?

Qinchuan Machine Tool & Tool Group Share Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,292 Mil) to Dec. 2023 (¥2,285 Mil) and declined from Dec. 2023 (¥2,285 Mil) to Mar. 2024 (¥2,207 Mil).

Qinchuan Machine Tool & Tool Group Share Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,005 Mil) to Dec. 2022 (¥2,196 Mil) and increased from Dec. 2022 (¥2,196 Mil) to Dec. 2023 (¥2,285 Mil).

Qinchuan Machine Tool & Tool Group Share Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qinchuan Machine Tool & Tool Group Share 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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Qinchuan Machine Tool & Tool Group Share Co Accounts Payable & Accrued Expense Chart

Qinchuan Machine Tool & Tool Group Share Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,432.40

1,850.65

2,004.67

2,196.19

2,284.77

Qinchuan Machine Tool & Tool Group Share 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															2,107.71	2,223.20	2,291.62	2,284.77	2,206.58

Qinchuan Machine Tool & Tool Group Share 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.

Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qinchuan Machine Tool & Tool Group Share Co Ltd (SZSE:000837) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22 Jiangtan Road, Shanxi, Baoji, CHN, 721009

Website

http://www.qinchuan.com

Qinchuan Machine Tool & Tool Group Share Co Ltd is mainly engaged in the production and sales of metal cutting machine tools, plastic processing machinery and related equipment and raw materials in China. It offers CNC machine tools, gear and gearboxes, plastics machinery, and precision casting products.

Executives

Zhao Jia Bao	Executives
Hu Hong	Directors, executives
Tian Sha	Executives
Hang Bao Jun	Executives
Si Guan Lin	Executives
Guo Bao An	Executives
Long Xing Yuan	Directors, executives
Fu Lin Xing	Directors, executives
Song Geng Tian	Supervisors
Liu Wan Chao	Directors, executives
Li Qiang	Director
Wang La Xiang	Supervisors
Mao Feng	Executives
Zhang Yi	Supervisors
Wu Kang	Executives

Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Headlines

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