ADD Industry (Zhejiang) (SHSE:603089) Accounts Payable & Accrued Expense : ¥548 Mil (As of Mar. 2024)

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What is ADD Industry (Zhejiang) Accounts Payable & Accrued Expense?

ADD Industry (Zhejiang)'s quarterly accounts payable & accrued expense increased from Sep. 2023 (¥540 Mil) to Dec. 2023 (¥593 Mil) but then declined from Dec. 2023 (¥593 Mil) to Mar. 2024 (¥548 Mil).

ADD Industry (Zhejiang)'s annual accounts payable & accrued expense declined from Dec. 2021 (¥611 Mil) to Dec. 2022 (¥512 Mil) but then increased from Dec. 2022 (¥512 Mil) to Dec. 2023 (¥593 Mil).

ADD Industry (Zhejiang) Accounts Payable & Accrued Expense Historical Data

The historical data trend for ADD Industry (Zhejiang)'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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ADD Industry (Zhejiang) Accounts Payable & Accrued Expense Chart

ADD Industry (Zhejiang) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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400.89

446.66

611.01

512.27

593.12

ADD Industry (Zhejiang) 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															403.79	520.02	539.88	593.12	548.09

ADD Industry (Zhejiang) 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.

ADD Industry (Zhejiang) (SHSE:603089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ADD Industry (Zhejiang) Corp Ltd (SHSE:603089) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

38-88 shuanggang road, Zhejiang Province, Yuhuan County, CHN, 317600

Website

http://www.addchina.com

ADD Industry (Zhejiang) Corp Ltd manufactures and sells shock absorbers for vehicle suspension system. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger and commercial vehicles.

Executives

Zheng Lian Ping	Director
Liu Yong	Director
Ye Wei Ming	Supervisors
Chen Ling Hui	Directors, senior managers
Zheng Nian Hui	Director

ADD Industry (Zhejiang) (SHSE:603089) Headlines

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