Konfoong Materials International Co (SZSE:300666) Accounts Payable & Accrued Expense : ¥768 Mil (As of Mar. 2024)

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What is Konfoong Materials International Co Accounts Payable & Accrued Expense?

Konfoong Materials International Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥632 Mil) to Dec. 2023 (¥992 Mil) but then declined from Dec. 2023 (¥992 Mil) to Mar. 2024 (¥768 Mil).

Konfoong Materials International Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥346 Mil) to Dec. 2022 (¥613 Mil) and increased from Dec. 2022 (¥613 Mil) to Dec. 2023 (¥992 Mil).

Konfoong Materials International Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Konfoong Materials International 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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Konfoong Materials International Co Accounts Payable & Accrued Expense Chart

Konfoong Materials International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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212.87

312.58

346.35

612.94

991.77

Konfoong Materials International 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															560.24	395.92	632.18	991.77	767.73

Konfoong Materials International 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.

Konfoong Materials International Co (SZSE:300666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Konfoong Materials International Co Ltd (SZSE:300666) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 198 Anshan Road, Mingbang Science and Technology Industrial Park, Zhejiang, Yuyao, CHN, 315400

Website

http://www.kfmic.com

Konfoong Materials International Co Ltd develops and manufactures metal materials and sputtering targets for the semiconductor and integrated circuit industries. Its products include semiconductor targets, solar targets, LCD targets, and TF targets. Geographically the business activities are carried out through China, however, its products are sold Chinese and international market such as Europe, North America, and Asia.

Executives

Yao Li Jun	Directors, executives
Zhang Hui Yang	Director
Wang Xiao Yong	Supervisors
Shi Yu Hong	Securities Affairs Representative
Li Zhong Zhuo	Director
Dou Xing Xian	Executives

Konfoong Materials International Co (SZSE:300666) Headlines

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