Ningxia Orient Tantalum Industry Co (SZSE:000962) Accounts Payable & Accrued Expense : ¥263 Mil (As of Mar. 2024)

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What is Ningxia Orient Tantalum Industry Co Accounts Payable & Accrued Expense?

Ningxia Orient Tantalum Industry Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥203 Mil) to Dec. 2023 (¥292 Mil) but then declined from Dec. 2023 (¥292 Mil) to Mar. 2024 (¥263 Mil).

Ningxia Orient Tantalum Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥123 Mil) to Dec. 2022 (¥152 Mil) and increased from Dec. 2022 (¥152 Mil) to Dec. 2023 (¥292 Mil).

Ningxia Orient Tantalum Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningxia Orient Tantalum 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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Ningxia Orient Tantalum Industry Co Accounts Payable & Accrued Expense Chart

Ningxia Orient Tantalum Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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82.79

99.31

123.45

152.34

291.84

Ningxia Orient Tantalum 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															147.43	160.59	202.97	291.84	262.98

Ningxia Orient Tantalum 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.

Ningxia Orient Tantalum Industry Co (SZSE:000962) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ningxia Orient Tantalum Industry Co Ltd (SZSE:000962) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.119 Yanjin Road, Ningxia, Shizuishan, CHN, 753000

Website

http://www.otic.com.cn

Ningxia Orient Tantalum Industry Co Ltd is specialized in research, development, and production of rare metals in China. It produces metals and alloys of tantalum, niobium, beryllium, and titanium, as well as SiC and PV abrasive materials, battery energy materials and others. These products are used in electronics, communication, aviation, airspace, metallurgy, oil chemicals, lighting, sports, medicals, atomic energy, solar energy and other fields. The company distributes its products in both Chinese and overseas markets.

Executives

Jiang Bin	Executives
Nie Quan Xin	Executives
Sun Hui Zhi	Executives
Zheng Ai Guo	Executives
Ma Yue Zhong	Supervisors
Zhong Jing Ming	Director
Ye Zhao Guan	Executives
Sun Ben Shuang	Executives
Zhang Hui Zhen	Executives

Ningxia Orient Tantalum Industry Co (SZSE:000962) Headlines

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