Zhongfu Straits (Pingtan) Development Co (SZSE:000592) Accounts Payable & Accrued Expense : ¥566 Mil (As of Mar. 2024)

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What is Zhongfu Straits (Pingtan) Development Co Accounts Payable & Accrued Expense?

Zhongfu Straits (Pingtan) Development Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥520 Mil) to Dec. 2023 (¥578 Mil) but then declined from Dec. 2023 (¥578 Mil) to Mar. 2024 (¥566 Mil).

Zhongfu Straits (Pingtan) Development Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥557 Mil) to Dec. 2022 (¥556 Mil) but then increased from Dec. 2022 (¥556 Mil) to Dec. 2023 (¥578 Mil).

Zhongfu Straits (Pingtan) Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhongfu Straits (Pingtan) Development 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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Zhongfu Straits (Pingtan) Development Co Accounts Payable & Accrued Expense Chart

Zhongfu Straits (Pingtan) Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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432.97

815.60

557.28

555.90

578.06

Zhongfu Straits (Pingtan) Development 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															576.33	541.17	520.23	578.06	566.02

Zhongfu Straits (Pingtan) Development 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.

Zhongfu Straits (Pingtan) Development Co (SZSE:000592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zhongfu Straits (Pingtan) Development Co Ltd (SZSE:000592) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 159 Wusi Road, 23th Floor, World Golden Dragon Building, Gulou District, Fujian Province, Fuzhou, CHN, 350001

Website

http://www.000592.com

Zhongfu Straits (Pingtan) Development Company Ltd operates in the forest products industry in China. The company is engaged in design and construction of garden landscape engineering, municipal engineering, interior decoration engineering; housing lease; property management, and foreign trade.

Executives

Chen Xi	Securities Affairs Representative
Wang Zhi Ming	Director
Liu Ping Shan	Director
Li Jin Hua	Independent director
Hong Yue Hua	Executives
Chen De He	Director

Zhongfu Straits (Pingtan) Development Co (SZSE:000592) Headlines

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