Rongsheng Petro Chemical Co (SZSE:002493) Accounts Payable & Accrued Expense : ¥68,789 Mil (As of Mar. 2024)

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What is Rongsheng Petro Chemical Co Accounts Payable & Accrued Expense?

Rongsheng Petro Chemical Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥50,833 Mil) to Dec. 2023 (¥72,368 Mil) but then declined from Dec. 2023 (¥72,368 Mil) to Mar. 2024 (¥68,789 Mil).

Rongsheng Petro Chemical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥71,106 Mil) to Dec. 2022 (¥78,447 Mil) but then declined from Dec. 2022 (¥78,447 Mil) to Dec. 2023 (¥72,368 Mil).

Rongsheng Petro Chemical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rongsheng Petro Chemical 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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Rongsheng Petro Chemical Co Accounts Payable & Accrued Expense Chart

Rongsheng Petro Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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43,125.35

43,518.93

71,105.83

78,446.82

72,367.73

Rongsheng Petro Chemical 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															56,902.36	50,259.55	50,832.61	72,367.73	68,788.76

Rongsheng Petro Chemical 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.

Rongsheng Petro Chemical Co (SZSE:002493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rongsheng Petro Chemical Co Ltd (SZSE:002493) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.98, Hongyang Road Yinong Town, Xiaoshan District, Hangzhou, CHN

Website

http://www.cnrspc.com

Rongsheng Petro Chemical Co Ltd operates in the petrochemical industry. The company is specialized in the production and marketing of petrochemical and chemical fiber. Its product portfolio comprises synthetic fibers and films, synthetic raw material, synthetic resins, olefin, aromatics and phenols and oil products.

Rongsheng Petro Chemical Co (SZSE:002493) Headlines

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