Shanghai Electric Group Co (Shanghai Electric Group Co) Accounts Payable & Accrued Expense : $12,279 Mil (As of Dec. 2023)

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What is Shanghai Electric Group Co Accounts Payable & Accrued Expense?

Shanghai Electric Group Co's quarterly accounts payable & accrued expense declined from Jun. 2023 ($12,537 Mil) to Sep. 2023 ($11,861 Mil) but then increased from Sep. 2023 ($11,861 Mil) to Dec. 2023 ($12,279 Mil).

Shanghai Electric Group Co's annual accounts payable & accrued expense declined from Dec. 2021 ($14,605 Mil) to Dec. 2022 ($12,668 Mil) and declined from Dec. 2022 ($12,668 Mil) to Dec. 2023 ($12,279 Mil).

Shanghai Electric Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Electric Group 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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Shanghai Electric Group Co Accounts Payable & Accrued Expense Chart

Shanghai Electric Group Co Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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11,711.93

14,788.47

14,605.02

12,667.56

12,279.32

Shanghai Electric Group Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															12,667.56	12,303.63	12,536.99	11,861.04	12,279.32

Shanghai Electric Group 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.

Shanghai Electric Group Co (Shanghai Electric Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Electric Group Co Ltd (OTCPK:SIELY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SIELF:USA 02727:Hong Kong USR:Germany 601727:China

Address

No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002

Website

https://www.shanghai-electric.com

Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.