Xinyi Solar Holdings (HKSE:00968) Accounts Payable & Accrued Expense : HK$9,786 Mil (As of Dec. 2023)

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What is Xinyi Solar Holdings Accounts Payable & Accrued Expense?

Xinyi Solar Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$5,649 Mil) to Jun. 2023 (HK$5,626 Mil) but then increased from Jun. 2023 (HK$5,626 Mil) to Dec. 2023 (HK$9,786 Mil).

Xinyi Solar Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$3,526 Mil) to Dec. 2022 (HK$5,649 Mil) and increased from Dec. 2022 (HK$5,649 Mil) to Dec. 2023 (HK$9,786 Mil).

Xinyi Solar Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinyi Solar Holdings'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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Xinyi Solar Holdings Accounts Payable & Accrued Expense Chart

Xinyi Solar Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,153.69

3,788.04

3,525.83

5,649.01

9,786.03

Xinyi Solar Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,525.83	2,866.51	5,649.01	5,626.38	9,786.03

Xinyi Solar Holdings 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.

Xinyi Solar Holdings (HKSE:00968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinyi Solar Holdings Ltd (HKSE:00968) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

XISHY:USA XNYIF:USA 13X:Germany

Address

Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009

Website

https://www.xinyisolar.com

Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

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