Shanghai Industrial Holdings (STU:SGI) Accounts Payable & Accrued Expense : €2,805 Mil (As of Dec. 2023)

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What is Shanghai Industrial Holdings Accounts Payable & Accrued Expense?

Shanghai Industrial Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (€2,799 Mil) to Jun. 2023 (€2,384 Mil) but then increased from Jun. 2023 (€2,384 Mil) to Dec. 2023 (€2,805 Mil).

Shanghai Industrial Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (€3,271 Mil) to Dec. 2022 (€2,799 Mil) but then increased from Dec. 2022 (€2,799 Mil) to Dec. 2023 (€2,805 Mil).

Shanghai Industrial Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Industrial Holdings'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 Industrial Holdings Accounts Payable & Accrued Expense Chart

Shanghai Industrial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,749.06

2,643.77

3,271.24

2,799.07

2,804.65

Shanghai Industrial Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,271.24	2,622.92	2,799.07	2,384.17	2,804.65

Shanghai Industrial Holdings 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 Industrial Holdings (STU:SGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanghai Industrial Holdings Ltd (STU:SGI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SGHIY:USA SGHIF:USA 00363:Hong Kong SGI:Germany

Address

39 Gloucester Road, Wanchai, 26th Floor, Harcourt House, Hong Kong, HKG

Website

http://www.sihl.com.hk

Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in three segments: Infrastructure facilities, which include investment in toll road projects and water-related businesses; Real estate, which is into property development & investment and hotel operation; and Consumer Products, which manufactures and sells cigarettes, packaging materials, and printed products. Its geographical segments are China, Asia, Hong Kong, and others, of which most of its revenue comes from China.

Shanghai Industrial Holdings (STU:SGI) Headlines

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