Yechiu Metal Recycling (China) (SHSE:601388) Accounts Payable & Accrued Expense : ¥314 Mil (As of Mar. 2024)

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What is Yechiu Metal Recycling (China) Accounts Payable & Accrued Expense?

Yechiu Metal Recycling (China)'s quarterly accounts payable & accrued expense increased from Sep. 2023 (¥323 Mil) to Dec. 2023 (¥433 Mil) but then declined from Dec. 2023 (¥433 Mil) to Mar. 2024 (¥314 Mil).

Yechiu Metal Recycling (China)'s annual accounts payable & accrued expense declined from Dec. 2021 (¥556 Mil) to Dec. 2022 (¥424 Mil) but then increased from Dec. 2022 (¥424 Mil) to Dec. 2023 (¥433 Mil).

Yechiu Metal Recycling (China) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yechiu Metal Recycling (China)'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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Yechiu Metal Recycling (China) Accounts Payable & Accrued Expense Chart

Yechiu Metal Recycling (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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250.53

423.44

556.35

424.27

433.24

Yechiu Metal Recycling (China) 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															329.85	355.37	323.41	433.24	314.41

Yechiu Metal Recycling (China) 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.

Yechiu Metal Recycling (China) (SHSE:601388) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yechiu Metal Recycling (China) Ltd (SHSE:601388) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.88 Hufuhuang Road, Fuqiao Town, Jiangsu, Taicang, CHN

Website

http://www.yechiu.com.cn

Yechiu Metal Recycling (China) Ltd is engaged in the recycling, sorting, processing, melting and processing of metal resources. It involves in the collection of aluminum scrap resources from waste automobiles, construction materials, home appliances, etc. Its products are aluminum alloy ingots of various specifications and models. The products are widely used in automobiles, electrical appliances, machinery, construction, electricity, transportation, computers, packaging, hardware and other fields.

Executives

Liu Kai Min	Director
Li Yi Hui	Director
Gao Yu Lan	senior management
	senior management

Yechiu Metal Recycling (China) (SHSE:601388) Headlines

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