Shanghai Construction Group Co (SHSE:600170) Accounts Payable & Accrued Expense : ¥168,660 Mil (As of Mar. 2024)

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

Shanghai Construction Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥186,098 Mil) to Dec. 2023 (¥207,285 Mil) but then declined from Dec. 2023 (¥207,285 Mil) to Mar. 2024 (¥168,660 Mil).

Shanghai Construction Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥180,578 Mil) to Dec. 2022 (¥195,670 Mil) and increased from Dec. 2022 (¥195,670 Mil) to Dec. 2023 (¥207,285 Mil).

Shanghai Construction Group Co Accounts Payable & Accrued Expense Historical Data

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

Shanghai Construction Group Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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104,579.21

157,911.31

180,578.48

195,669.74

207,285.16

Shanghai Construction Group 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															163,860.14	182,376.23	186,098.27	207,285.16	168,660.08

Shanghai Construction 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 Construction Group Co (SHSE:600170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanghai Construction Group Co Ltd (SHSE:600170) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.666, Daming Road (E), Shanghai, CHN, 200080

Website

http://www.scg.com.cn

Shanghai Construction Group Co Ltd is a China-based company engaged in the construction, design and project consultation. The company possesses core technologies in the construction of highrise buildings, large bridges, light railways, public culture and sports facilities, large industrial plants, major environment protection projects and others.

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