Zhejiang Weixing New Building Materials Co (SZSE:002372) Accounts Payable & Accrued Expense : ¥677 Mil (As of Mar. 2024)

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What is Zhejiang Weixing New Building Materials Co Accounts Payable & Accrued Expense?

Zhejiang Weixing New Building Materials Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥794 Mil) to Dec. 2023 (¥947 Mil) but then declined from Dec. 2023 (¥947 Mil) to Mar. 2024 (¥677 Mil).

Zhejiang Weixing New Building Materials Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥849 Mil) to Dec. 2022 (¥878 Mil) and increased from Dec. 2022 (¥878 Mil) to Dec. 2023 (¥947 Mil).

Zhejiang Weixing New Building Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Weixing New Building Materials 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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Zhejiang Weixing New Building Materials Co Accounts Payable & Accrued Expense Chart

Zhejiang Weixing New Building Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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545.57

802.94

848.60

877.70

947.44

Zhejiang Weixing New Building Materials 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															723.00	734.73	794.15	947.44	676.56

Zhejiang Weixing New Building Materials 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.

Zhejiang Weixing New Building Materials Co (SZSE:002372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Weixing New Building Materials Co Ltd (SZSE:002372) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Linhai Economic Development Zone, Zhejiang, Taizhou, CHN, 317000

Website

https://www.vasen.com

Zhejiang Weixing New Building Materials Co Ltd is a China-based company engaged in manufacturing and processing plastic pipe, new building materials, raw and auxiliary accessories, sanitary ware, water meters and valves. Its brands consist of Weixing, annette, and KALE.

Executives

Jin Hong Yang	Directors, executives
Qi Jin Xiu	Executives
Xie Jin Kun	Director
Chen An Men	Executives
Zhang San Yun	Director
Li Xiao Ming	Securities Affairs Representative
Zhang Ka Peng	Director
Chen Guo Gui	Supervisors
Shi Guo Jun	Executives
Qu San Lu	Executives

Zhejiang Weixing New Building Materials Co (SZSE:002372) Headlines

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