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CRRC (HKSE:01766) Accounts Payable & Accrued Expense : HK$221,469 Mil (As of Mar. 2024)


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What is CRRC Accounts Payable & Accrued Expense?

CRRC's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$217,695 Mil) to Dec. 2023 (HK$225,825 Mil) but then declined from Dec. 2023 (HK$225,825 Mil) to Mar. 2024 (HK$221,469 Mil).

CRRC's annual accounts payable & accrued expense increased from Dec. 2021 (HK$197,717 Mil) to Dec. 2022 (HK$198,659 Mil) and increased from Dec. 2022 (HK$198,659 Mil) to Dec. 2023 (HK$225,825 Mil).


CRRC Accounts Payable & Accrued Expense Historical Data

The historical data trend for CRRC'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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CRRC Accounts Payable & Accrued Expense Chart

CRRC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164,539.84 171,600.85 197,717.28 198,658.88 225,824.58

CRRC 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 203,088.45 214,178.45 217,695.13 225,824.58 221,468.67

CRRC 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.


CRRC (HKSE:01766) Business Description

Industry
Traded in Other Exchanges
Address
No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd manufactures products which are used for transportation through railroads. Its product portfolio includes rolling stock, rail transit vehicles, engineering machinery, electrical equipment and related parts, and environmental protection products. The company also engages in allied activities like refurbishment, leasing, technical support to clients, investment, and management, as well as import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.

CRRC (HKSE:01766) Headlines

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