Suzhou Hesheng Special Material Co (SZSE:002290) Accounts Payable & Accrued Expense : ¥641 Mil (As of Mar. 2024)

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What is Suzhou Hesheng Special Material Co Accounts Payable & Accrued Expense?

Suzhou Hesheng Special Material Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥814 Mil) to Dec. 2023 (¥757 Mil) and declined from Dec. 2023 (¥757 Mil) to Mar. 2024 (¥641 Mil).

Suzhou Hesheng Special Material Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥541 Mil) to Dec. 2022 (¥498 Mil) but then increased from Dec. 2022 (¥498 Mil) to Dec. 2023 (¥757 Mil).

Suzhou Hesheng Special Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Suzhou Hesheng Special 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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Suzhou Hesheng Special Material Co Accounts Payable & Accrued Expense Chart

Suzhou Hesheng Special Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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468.54

394.21

541.24

498.44

756.88

Suzhou Hesheng Special Material 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															542.78	608.81	814.47	756.88	641.17

Suzhou Hesheng Special 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.

Suzhou Hesheng Special Material Co (SZSE:002290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Hesheng Special Material Co Ltd (SZSE:002290) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.135 Wangdun Road, Room 2408, Building 1, Rongsheng Business Center, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215000

Website

http://www.szhssm.com.cn

Suzhou Hesheng Special Material Co Ltd is engaged in the production of composite materials for home appliances. The business of the company includes substrate performance and application testing, research and development of high performance surface materials, and technical services for materials applications.

Executives

Wang Wen Qi	Secretary, Director
Zhang Xiao Xuan	Director
Ren Jie	Director
Zhao Dong Ming	Director
Zhang Wen Hua	Directors, executives
Yuan Wen Xiong	Directors, Directors, and Executives
Zhang Fu Jun	Executives
Guo Hong Bin	Executives

Suzhou Hesheng Special Material Co (SZSE:002290) Headlines

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