Tongyu Heavy Industry Co (SZSE:300185) Accounts Payable & Accrued Expense : ¥1,896 Mil (As of Mar. 2024)

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What is Tongyu Heavy Industry Co Accounts Payable & Accrued Expense?

Tongyu Heavy Industry Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,862 Mil) to Dec. 2023 (¥2,134 Mil) but then declined from Dec. 2023 (¥2,134 Mil) to Mar. 2024 (¥1,896 Mil).

Tongyu Heavy Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,422 Mil) to Dec. 2022 (¥1,637 Mil) and increased from Dec. 2022 (¥1,637 Mil) to Dec. 2023 (¥2,134 Mil).

Tongyu Heavy Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tongyu Heavy 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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Tongyu Heavy Industry Co Accounts Payable & Accrued Expense Chart

Tongyu Heavy Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,157.82

1,288.01

1,422.48

1,637.24

2,133.87

Tongyu Heavy 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															1,909.07	2,048.41	1,861.73	2,133.87	1,895.93

Tongyu Heavy 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.

Tongyu Heavy Industry Co (SZSE:300185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tongyu Heavy Industry Co Ltd (SZSE:300185) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

High-tech Industrial Development Zone, Yucheng City, CHN, 251200

Website

http://www.tongyuheavy.com

Tongyu Heavy Industry Co Ltd is engaged in research and development, manufacture and sale of large forgings and castings. Its products include the main shaft for wind turbine tower, pipe mold, roll, pressure vessel forgings, open die forgings, castings, electroslag remelting ingot, steel ingot, fabrications, and full sets of equipment.

Executives

Shi Ai Jun	Executives
Si Xing Kui	Director
Zhang Ji Sen	Supervisors
Zhu Jin Zhi	Director
Li Jing	Supervisors
Si Yong	Director
Zhao Li Jun	Supervisors
Liang Ji Feng	Executives
Wang Shi Zhen	Director
Zhu Jian Ming	Director
Si Chao Xin	Executives
Chen Lian Lian	Director
Li De Xing	Executives
Yang Xing Hou	Executives
Ni Hong Yun	Executives

Tongyu Heavy Industry Co (SZSE:300185) Headlines

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