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Zhejiang Expressway Co (LSE:ZHEH) Accounts Payable & Accrued Expense : £6,531 Mil (As of Dec. 2023)


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What is Zhejiang Expressway Co Accounts Payable & Accrued Expense?

Zhejiang Expressway Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (£7,191 Mil) to Sep. 2023 (£0 Mil) but then increased from Sep. 2023 (£0 Mil) to Dec. 2023 (£6,531 Mil).

Zhejiang Expressway Co's annual accounts payable & accrued expense increased from Dec. 2021 (£5,396 Mil) to Dec. 2022 (£6,745 Mil) but then declined from Dec. 2022 (£6,745 Mil) to Dec. 2023 (£6,531 Mil).


Zhejiang Expressway Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Expressway 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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Zhejiang Expressway Co Accounts Payable & Accrued Expense Chart

Zhejiang Expressway Co 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 2,510.07 3,924.91 5,395.75 6,744.93 6,530.80

Zhejiang Expressway Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 6,744.93 7,190.70 - 6,530.80 -

Zhejiang Expressway 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.


Zhejiang Expressway Co (LSE:ZHEH) Business Description

Traded in Other Exchanges
Address
199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next most significant segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.

Zhejiang Expressway Co (LSE:ZHEH) Headlines

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