Qinghailt Lake Industry Co (SZSE:000792) Accounts Payable & Accrued Expense : ¥3,378 Mil (As of Mar. 2024)

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What is Qinghailt Lake Industry Co Accounts Payable & Accrued Expense?

Qinghailt Lake Industry Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,703 Mil) to Dec. 2023 (¥4,102 Mil) but then declined from Dec. 2023 (¥4,102 Mil) to Mar. 2024 (¥3,378 Mil).

Qinghailt Lake Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,263 Mil) to Dec. 2022 (¥3,889 Mil) and increased from Dec. 2022 (¥3,889 Mil) to Dec. 2023 (¥4,102 Mil).

Qinghailt Lake Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qinghailt Lake Industry 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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Qinghailt Lake Industry Co Accounts Payable & Accrued Expense Chart

Qinghailt Lake Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,659.96

3,814.98

3,262.70

3,889.07

4,101.76

Qinghailt Lake Industry 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															3,089.33	3,537.30	3,703.37	4,101.76	3,377.75

Qinghailt Lake Industry 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.

Qinghailt Lake Industry Co (SZSE:000792) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Qinghai Salt Lake Industry Co Ltd (SZSE:000792) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Qinghai Yellow River Road on the 28th, Golmud, CHN, 816000

Website

http://www.qhyhgf.com

Qinghai Salt Lake Industry Co Ltd operates in the dry inland Qarhan Salt Lake in Qinghai province. It is engaged in salt lake resource extraction and potash production. The company is engaged in the manufacture of chemical raw materials and chemical products. The company is located in Golmud City, Qinghai Province and is the largest potash fertilizer industrial production base in China.

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