Nanjing Hanrui Cobalt Co (SZSE:300618) Accounts Payable & Accrued Expense : ¥977 Mil (As of Mar. 2024)

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What is Nanjing Hanrui Cobalt Co Accounts Payable & Accrued Expense?

Nanjing Hanrui Cobalt Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥816 Mil) to Dec. 2023 (¥1,091 Mil) but then declined from Dec. 2023 (¥1,091 Mil) to Mar. 2024 (¥977 Mil).

Nanjing Hanrui Cobalt Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,029 Mil) to Dec. 2022 (¥710 Mil) but then increased from Dec. 2022 (¥710 Mil) to Dec. 2023 (¥1,091 Mil).

Nanjing Hanrui Cobalt Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nanjing Hanrui Cobalt 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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Nanjing Hanrui Cobalt Co Accounts Payable & Accrued Expense Chart

Nanjing Hanrui Cobalt Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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404.99

719.10

1,029.01

709.99

1,091.08

Nanjing Hanrui Cobalt 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															806.20	734.10	816.41	1,091.08	976.69

Nanjing Hanrui Cobalt 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.

Nanjing Hanrui Cobalt Co (SZSE:300618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nanjing Hanrui Cobalt Co Ltd (SZSE:300618) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 115, Jinghuai Street, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211100

Website

http://www.hrcobalt.com

Nanjing Hanrui Cobalt Co Ltd is a China-based company engaged in the extraction of cobalt and copper ore. The business activities of the group include development and deep processing of cobalt and copper mineral resources and forming an integrated industrial chain from mineral resources development and smelting the same to produce cobalt intermediate products and cobalt powder which guarantee the stable supply of resources. Geographically the group holds a marketing network in multiple countries and regions including South Korea, Japan, Germany, Switzerland, Israel, India, and the USA.

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