Zhejiang Dingli Machinery Co (SHSE:603338) Accounts Payable & Accrued Expense : ¥3,676 Mil (As of Mar. 2024)

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What is Zhejiang Dingli Machinery Co Accounts Payable & Accrued Expense?

Zhejiang Dingli Machinery Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,420 Mil) to Dec. 2023 (¥3,556 Mil) and increased from Dec. 2023 (¥3,556 Mil) to Mar. 2024 (¥3,676 Mil).

Zhejiang Dingli Machinery Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,251 Mil) to Dec. 2022 (¥2,878 Mil) and increased from Dec. 2022 (¥2,878 Mil) to Dec. 2023 (¥3,556 Mil).

Zhejiang Dingli Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Dingli Machinery 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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Zhejiang Dingli Machinery Co Accounts Payable & Accrued Expense Chart

Zhejiang Dingli Machinery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,073.85

1,516.88

2,251.05

2,877.57

3,556.20

Zhejiang Dingli Machinery Co 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															2,901.65	3,560.34	3,420.46	3,556.20	3,676.28

Zhejiang Dingli Machinery 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.

Zhejiang Dingli Machinery Co (SHSE:603338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zhejiang Dingli Machinery Co Ltd (SHSE:603338) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.1255, Baiyun South Road, Leidian Town, Deqing, CHN, 313219

Website

http://www.chinadinli.com

Zhejiang Dingli Machinery Co Ltd is engaged in research and development, manufacturing, sales and service of various types of aerial work platforms. The company's main products cover arm, scissor and mast type with self Walking control intelligence, safety and environmental protection, large coverage. Its products are mainly used in aircraft and shipbuilding and maintenance, construction and installation, roads, bridge construction, municipal engineering, storage supermarkets and other fields.

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