Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Accounts Payable & Accrued Expense : ¥48.5 Mil (As of Mar. 2024)

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What is Qinhuangdao Tianqin Equipment Manufacturing Co Accounts Payable & Accrued Expense?

Qinhuangdao Tianqin Equipment Manufacturing Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥43.0 Mil) to Dec. 2023 (¥58.0 Mil) but then declined from Dec. 2023 (¥58.0 Mil) to Mar. 2024 (¥48.5 Mil).

Qinhuangdao Tianqin Equipment Manufacturing Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥41.7 Mil) to Dec. 2022 (¥53.2 Mil) and increased from Dec. 2022 (¥53.2 Mil) to Dec. 2023 (¥58.0 Mil).

Qinhuangdao Tianqin Equipment Manufacturing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qinhuangdao Tianqin Equipment Manufacturing 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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Qinhuangdao Tianqin Equipment Manufacturing Co Accounts Payable & Accrued Expense Chart

Qinhuangdao Tianqin Equipment Manufacturing Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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38.66

46.34

41.69

53.20

58.03

Qinhuangdao Tianqin Equipment Manufacturing 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															38.81	39.95	43.00	58.03	48.50

Qinhuangdao Tianqin Equipment Manufacturing 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.

Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Qinhuangdao Tianqin Equipment Manufacturing Co Ltd (SZSE:300922) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Xueshan Road, Economic and Technological Development Zone, Hebei Province, Qinhuangdao, CHN, 066004

Website

http://www.tianqin.net

Qinhuangdao Tianqin Equipment Manufacturing Co Ltd is engaged in the research and development, production and sales of special protective devices and equipment parts centered on the new processing and application technology of polymer composite materials.

Executives

Liu Jin Shu	Executives
Zhang Peng	Director
Wang Zhao Jun	Director
Bi Yi Jun	Supervisors
Wang Su Rong	Directors, Directors, and Executives
Tong Qiu Ju	Executives
Ji Fu Yan	Executives
Liu Xing Min	Executives
Pan Jian Hui	Director
Li Li Yong	Supervisors

Qinhuangdao Tianqin Equipment Manufacturing Co (SZSE:300922) Headlines

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