Ningbo Color Master Batch Co (SZSE:301019) Accounts Payable & Accrued Expense : ¥62.6 Mil (As of Mar. 2024)

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What is Ningbo Color Master Batch Co Accounts Payable & Accrued Expense?

Ningbo Color Master Batch Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥52.9 Mil) to Dec. 2023 (¥58.6 Mil) and increased from Dec. 2023 (¥58.6 Mil) to Mar. 2024 (¥62.6 Mil).

Ningbo Color Master Batch Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥69.1 Mil) to Dec. 2022 (¥45.1 Mil) but then increased from Dec. 2022 (¥45.1 Mil) to Dec. 2023 (¥58.6 Mil).

Ningbo Color Master Batch Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningbo Color Master Batch 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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Ningbo Color Master Batch Co Accounts Payable & Accrued Expense Chart

Ningbo Color Master Batch Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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65.92

76.72

69.11

45.11

58.59

Ningbo Color Master Batch Co Quarterly Data
	Dec18	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															52.37	76.27	52.90	58.59	62.57

Ningbo Color Master Batch 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.

Ningbo Color Master Batch Co (SZSE:301019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ningbo Color Master Batch Co Ltd (SZSE:301019) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

168 Jinhui West Road, Panhuo Street, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315105

Website

http://www.muli.com.cn

Ningbo Masterbatch Co Ltd is engaged in research and development, production, sales and technical services of masterbatch. The company's products include Color masterbatch, Black masterbatch, White masterbatch, and Functional masterbatch. Its products are used in home appliances, food packaging, cosmetics, daily necessities, building materials, and automobiles.

Executives

Zhao Mao Hua	Director
Zu Wan Nian	Supervisors
Zhou Bi Hong	Director
Zhang Xu Bo	Supervisors

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