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Satellite Chemical Co (SZSE:002648) Accounts Payable & Accrued Expense : ¥6,921 Mil (As of Mar. 2024)


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What is Satellite Chemical Co Accounts Payable & Accrued Expense?

Satellite Chemical Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥6,643 Mil) to Dec. 2023 (¥6,529 Mil) but then increased from Dec. 2023 (¥6,529 Mil) to Mar. 2024 (¥6,921 Mil).

Satellite Chemical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥5,160 Mil) to Dec. 2022 (¥7,032 Mil) but then declined from Dec. 2022 (¥7,032 Mil) to Dec. 2023 (¥6,529 Mil).


Satellite Chemical Co Accounts Payable & Accrued Expense Historical Data

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

Satellite Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,447.02 5,378.74 5,159.51 7,032.08 6,529.11

Satellite 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,725.58 6,498.14 6,642.58 6,529.11 6,920.82

Satellite 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.


Satellite Chemical Co (SZSE:002648) Business Description

Traded in Other Exchanges
N/A
Address
Bujiao Road, Jia’xing Industrial Park, Zhejiang, CHN, 314050
Satellite Chemical Co Ltd formerly Zhejiang Satellite Petrochemical Co Ltd is a China-based acrylic acid manufacturer. It is involved in integrating research and development, production, sales and logistics of propylene, polypropylene, acrylic acid, high purity acrylic acid to an acrylic ester, polymer emulsion and high absorbent resin.
Executives
Jin Feng Fu Executives
Liu Shi Gang Executives
Yang Yu Ying Director
Cai Yong Sheng Executives
Kong Dong Independent director

Satellite Chemical Co (SZSE:002648) Headlines

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