Nanjing Comptech Composites (SZSE:301591) Accounts Payable & Accrued Expense : ¥46.5 Mil (As of Sep. 2024)

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What is Nanjing Comptech Composites Accounts Payable & Accrued Expense?

Nanjing Comptech Composites's quarterly accounts payable & accrued expense declined from Mar. 2024 (¥57.7 Mil) to Jun. 2024 (¥46.2 Mil) but then increased from Jun. 2024 (¥46.2 Mil) to Sep. 2024 (¥46.5 Mil).

Nanjing Comptech Composites's annual accounts payable & accrued expense declined from Dec. 2021 (¥62.7 Mil) to Dec. 2022 (¥55.7 Mil) and declined from Dec. 2022 (¥55.7 Mil) to Dec. 2023 (¥45.8 Mil).

Nanjing Comptech Composites Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nanjing Comptech Composites'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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Nanjing Comptech Composites Accounts Payable & Accrued Expense Chart

Nanjing Comptech Composites Annual Data

Trend

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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36.80

38.54

62.68

55.69

45.81

Nanjing Comptech Composites Quarterly Data
	Dec14	Dec15	Dec16	Mar17	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													42.85	45.81	57.71	46.15	46.48

Nanjing Comptech Composites 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.

Nanjing Comptech Composites Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanjing Comptech Composites Corp (SZSE:301591) » Definitions » Accounts Payable & Accrued Expense

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Address

Tangtong Road, No. 18, Binjiang Development Zone, Jiangning District, Jiangsu Province, Nanjing, CHN, 211162

Website

http://www.njcomptech.com

Nanjing Comptech Composites Corp research and development, production and sales of high-performance engineering plastic products and components.

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