Grandtop Yongxing Group Co (SHSE:601033) Accounts Payable & Accrued Expense : ¥4,417 Mil (As of Mar. 2024)

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What is Grandtop Yongxing Group Co Accounts Payable & Accrued Expense?

Grandtop Yongxing Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥4,869 Mil) to Dec. 2023 (¥4,680 Mil) and declined from Dec. 2023 (¥4,680 Mil) to Mar. 2024 (¥4,417 Mil).

Grandtop Yongxing Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥4,349 Mil) to Dec. 2022 (¥5,585 Mil) but then declined from Dec. 2022 (¥5,585 Mil) to Dec. 2023 (¥4,680 Mil).

Grandtop Yongxing Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grandtop Yongxing Group 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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Grandtop Yongxing Group Co Accounts Payable & Accrued Expense Chart

Grandtop Yongxing Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2,659.66

2,935.35

4,348.72

5,585.19

4,679.55

Grandtop Yongxing Group Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							-	5,114.98	4,868.69	4,679.55	4,417.37

Grandtop Yongxing Group 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.

Grandtop Yongxing Group Co (SHSE:601033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Grandtop Yongxing Group Co Ltd (SHSE:601033) » Definitions » Accounts Payable & Accrued Expense

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Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.

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