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Hunan Valin Steel Co (SZSE:000932) Accounts Payable & Accrued Expense : ¥35,709 Mil (As of Mar. 2024)


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What is Hunan Valin Steel Co Accounts Payable & Accrued Expense?

Hunan Valin Steel Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥32,305 Mil) to Dec. 2023 (¥33,177 Mil) and increased from Dec. 2023 (¥33,177 Mil) to Mar. 2024 (¥35,709 Mil).

Hunan Valin Steel Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥25,799 Mil) to Dec. 2022 (¥33,351 Mil) but then declined from Dec. 2022 (¥33,351 Mil) to Dec. 2023 (¥33,177 Mil).


Hunan Valin Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hunan Valin Steel 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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Hunan Valin Steel Co Accounts Payable & Accrued Expense Chart

Hunan Valin Steel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,284.70 22,571.69 25,799.24 33,351.37 33,177.19

Hunan Valin Steel 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,393.89 34,477.34 32,304.84 33,177.19 35,708.73

Hunan Valin Steel 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.


Hunan Valin Steel Co (SZSE:000932) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.222, Xiangfu West Road, Main Building of Hualingyuan, Tianxin District, Hunan, Changsha, CHN
Hunan Valin Steel Co Ltd is engaged in the manufacture and distribution of steel products in China. It is also a steel solution provider.
Executives
Cheng Pei Xiang Supervisors
Zuo Shao Huai Supervisors
Yi Zuo Supervisors
Yang Xiang Hong Secretary Dong

Hunan Valin Steel Co (SZSE:000932) Headlines

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