Hangzhou First Applied Material Co (SHSE:603806) Accounts Payable & Accrued Expense : ¥1,886 Mil (As of Mar. 2024)

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What is Hangzhou First Applied Material Co Accounts Payable & Accrued Expense?

Hangzhou First Applied Material Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,076 Mil) to Dec. 2023 (¥2,291 Mil) but then declined from Dec. 2023 (¥2,291 Mil) to Mar. 2024 (¥1,886 Mil).

Hangzhou First Applied Material Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,393 Mil) to Dec. 2022 (¥2,225 Mil) and increased from Dec. 2022 (¥2,225 Mil) to Dec. 2023 (¥2,291 Mil).

Hangzhou First Applied Material Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hangzhou First Applied Material 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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Hangzhou First Applied Material Co Accounts Payable & Accrued Expense Chart

Hangzhou First Applied Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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822.74

1,096.07

1,393.47

2,224.99

2,290.57

Hangzhou First Applied Material 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															2,114.58	1,823.66	2,076.05	2,290.57	1,886.37

Hangzhou First Applied Material 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.

Hangzhou First Applied Material Co (SHSE:603806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou First Applied Material Co Ltd (SHSE:603806) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

8 Fusite Street Lin'an, Hangzhou, CHN, 311300

Website

http://www.firstpvm.com

Hangzhou First Applied Material Co Ltd is a China-based company engages in the development, manufacturing and selling EVA solar cell film, polyamide hot-melt adhesive film, and solar battery panel. The company offers encapsulant EVA films, polyolefin films, and back sheet materials for PV modules; dry film photoresists and flexible copper clad laminates; aluminum laminated films; silicone encapsulant for LED; and co-polyamide hot melt web, a double-sided adhesive non-woven fabric used in the bonding of fabric, leather, metal, plastic, microfiber, non-woven fabric, wood, paper, and other materials.

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