Zhejiang Tiantie Industry Co (SZSE:300587) Accounts Payable & Accrued Expense : ¥704 Mil (As of Mar. 2024)

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What is Zhejiang Tiantie Industry Co Accounts Payable & Accrued Expense?

Zhejiang Tiantie Industry Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥816 Mil) to Dec. 2023 (¥770 Mil) and declined from Dec. 2023 (¥770 Mil) to Mar. 2024 (¥704 Mil).

Zhejiang Tiantie Industry Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥677 Mil) to Dec. 2022 (¥635 Mil) but then increased from Dec. 2022 (¥635 Mil) to Dec. 2023 (¥770 Mil).

Zhejiang Tiantie Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Tiantie 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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Zhejiang Tiantie Industry Co Accounts Payable & Accrued Expense Chart

Zhejiang Tiantie Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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525.93

569.94

677.23

635.22

770.24

Zhejiang Tiantie 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															584.67	757.52	815.95	770.24	703.89

Zhejiang Tiantie 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.

Zhejiang Tiantie Industry Co (SZSE:300587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhejiang Tiantie Industry Co Ltd (SZSE:300587) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.928, Renmin East Road, Tiantai County, Zhejiang Province, Taizhou, CHN, 317200

Website

http://www.tiantie.cn

Zhejiang Tiantie Industry Co Ltd provides engineering rubber products. The company manufactures and sells industrial rubber goods, rubberized fabrics, and other rubber products. It offers track structures, such as rails, sleepers, and ballast; vibration damping products; isolated rubber damping pads; embedded rubber crossing boards and plates; conveyor belts; elastic components; and sealing products and other rubber products.

Executives

Wang Sen Rong	Executives
Zheng Shuang Lian	Executives
Zheng Jian Feng	Executives
Niu Wen Qiang	Directors, executives
Di Xiao Yu	Supervisors
Xu Ji Ding	Director
Lu Ling Xiao	Supervisors
Fan Wei Wei	Directors, executives
Xu Yin Bin	Directors, executives
Xu Kong Bin	Directors, executives
Zhu Jian Zhong	Executives
Yang Tai Feng	Executives
Wang Bo	Directors, executives
Fan Wen Rong	Securities Affairs Representative

Zhejiang Tiantie Industry Co (SZSE:300587) Headlines

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