Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Accounts Payable & Accrued Expense : ¥532 Mil (As of Mar. 2024)

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What is Jiangyin Hengrun Heavy Industries Co Accounts Payable & Accrued Expense?

Jiangyin Hengrun Heavy Industries Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥437 Mil) to Dec. 2023 (¥649 Mil) but then declined from Dec. 2023 (¥649 Mil) to Mar. 2024 (¥532 Mil).

Jiangyin Hengrun Heavy Industries Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥520 Mil) to Dec. 2022 (¥797 Mil) but then declined from Dec. 2022 (¥797 Mil) to Dec. 2023 (¥649 Mil).

Jiangyin Hengrun Heavy Industries Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiangyin Hengrun Heavy Industries 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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Jiangyin Hengrun Heavy Industries Co Accounts Payable & Accrued Expense Chart

Jiangyin Hengrun Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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382.44

374.89

519.80

797.34

649.42

Jiangyin Hengrun Heavy Industries 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															710.30	598.69	437.07	649.42	532.18

Jiangyin Hengrun Heavy Industries 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.

Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangyin Hengrun Heavy Industries Co Ltd (SHSE:603985) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

A Area European Industrial Zone, ZhouZhuang Town, Jiangsu Province, Jiangyin, CHN, 214400

Website

http://www.hrflanges.com

Jiangyin Hengrun Heavy Industries Co Ltd is a manufacturer of flanges and forgings, which are mainly made of stainless steel, carbon steel and alloy steel materials. Its products portfolio ring forgings, nozzles, support rings for turbines, spherical and main shaft forgings, slewing bearings, rolling ring and free forgings, flanges for large-scale wind tower foundations, as well as bearing and gear blanks, and tube sheets and discs.

Executives

Cheng Li Xin	Director
Zhou Hong Liang	Director

Jiangyin Hengrun Heavy Industries Co (SHSE:603985) Headlines

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