Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Accounts Payable & Accrued Expense : ¥333 Mil (As of Mar. 2024)

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What is Zhejiang Lenor Flow Control Technology Co Accounts Payable & Accrued Expense?

Zhejiang Lenor Flow Control Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥386 Mil) to Dec. 2023 (¥377 Mil) and declined from Dec. 2023 (¥377 Mil) to Mar. 2024 (¥333 Mil).

Zhejiang Lenor Flow Control Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥264 Mil) to Dec. 2022 (¥390 Mil) but then declined from Dec. 2022 (¥390 Mil) to Dec. 2023 (¥377 Mil).

Zhejiang Lenor Flow Control Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Lenor Flow Control Technology 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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Zhejiang Lenor Flow Control Technology Co Accounts Payable & Accrued Expense Chart

Zhejiang Lenor Flow Control Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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149.47

155.63

263.83

389.81

377.03

Zhejiang Lenor Flow Control Technology 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															350.20	314.10	385.99	377.03	332.58

Zhejiang Lenor Flow Control Technology 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.

Zhejiang Lenor Flow Control Technology Co (SZSE:300838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Lenor Flow Control Technology Co Ltd (SZSE:300838) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99, Weiyi Road, High-tech (Ge Lane) Park, Ruian City, Zhejiang Province, Wenzhou, CHN, 325200

Website

http://www.linuovalve.com

Zhejiang Linuo Flow Control Technology Co Ltd engages in the development, design, production and sale of fluid control equipment. The company provides total solutions on control valve for fluid industrial customers in the field of energy, petrochemical engineering, metallurgy, chemical engineering, paper-making, environmental protection, biochemistry, and medicine. Its products include Segment Ball Valve; Knife Gate Valve; Ball Valve; Globe Control Valve; Butterfly Valve; and Actuator.

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