Kingclean Electric Co (SHSE:603355) Accounts Payable & Accrued Expense : ¥2,273 Mil (As of Mar. 2024)

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What is Kingclean Electric Co Accounts Payable & Accrued Expense?

Kingclean Electric Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,112 Mil) to Dec. 2023 (¥2,519 Mil) but then declined from Dec. 2023 (¥2,519 Mil) to Mar. 2024 (¥2,273 Mil).

Kingclean Electric Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥3,158 Mil) to Dec. 2022 (¥2,589 Mil) and declined from Dec. 2022 (¥2,589 Mil) to Dec. 2023 (¥2,519 Mil).

Kingclean Electric Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kingclean Electric 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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Kingclean Electric Co Accounts Payable & Accrued Expense Chart

Kingclean Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,899.45

2,924.51

3,158.25

2,588.83

2,519.23

Kingclean Electric 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															1,951.34	2,485.83	2,112.27	2,519.23	2,273.10

Kingclean Electric 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.

Kingclean Electric Co (SHSE:603355) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kingclean Electric Co Ltd (SHSE:603355) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Number 1 Xiangyang Road, Suzhou New District, Jiangsu Province, Suzhou, CHN, 215009

Website

http://www.kingclean.com

Kingclean Electric Co Ltd is a China-based company engaged in manufacturing and selling of vacuum cleaners. It also offers garden tools, car motor, hard floor polisher, carpet washer and small home appliances like food cooking machine, juicer, and soymilk maker. The company operates three categories of its core business, High-speed motor and automobile motor, Cleaning appliance and kitchen appliance, and Garden tool products.

Executives

Han Jian	Director
Ni Zu Gen	Director
Wang Ping Ping	Director

Kingclean Electric Co (SHSE:603355) Headlines

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