Jiujiang Defu Technology Co (SZSE:301511) Accounts Payable & Accrued Expense : ¥3,161 Mil (As of Mar. 2024)

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What is Jiujiang Defu Technology Co Accounts Payable & Accrued Expense?

Jiujiang Defu Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥4,018 Mil) to Dec. 2023 (¥2,886 Mil) but then increased from Dec. 2023 (¥2,886 Mil) to Mar. 2024 (¥3,161 Mil).

Jiujiang Defu Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,161 Mil) to Dec. 2022 (¥2,710 Mil) and increased from Dec. 2022 (¥2,710 Mil) to Dec. 2023 (¥2,886 Mil).

Jiujiang Defu Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiujiang Defu Technology 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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Jiujiang Defu Technology Co Accounts Payable & Accrued Expense Chart

Jiujiang Defu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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718.44

946.29

1,160.99

2,710.25

2,885.76

Jiujiang Defu Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									3,328.28	3,524.89	4,017.72	2,885.76	3,161.39

Jiujiang Defu Technology 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.

Jiujiang Defu Technology Co (SZSE:301511) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jiujiang Defu Technology Co Ltd (SZSE:301511) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 15, Shunyi Road, Automobile Industrial Park, Development Zone, Jiangxi Province, Jiujiang, CHN, 332005

Website

http://www.jjdefu.com

Jiujiang Defu Technology Co Ltd is engaged in the research and development, production and sales of various high-performance electrolytic copper foils. The products mainly include various high-performance lithium battery copper foils and electronic circuit copper foils.

Jiujiang Defu Technology Co (SZSE:301511) Headlines

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