Anhui Ankai Automobile Co (SZSE:000868) Accounts Payable & Accrued Expense : ¥1,976 Mil (As of Mar. 2024)

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What is Anhui Ankai Automobile Co Accounts Payable & Accrued Expense?

Anhui Ankai Automobile Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,095 Mil) to Dec. 2023 (¥2,012 Mil) and declined from Dec. 2023 (¥2,012 Mil) to Mar. 2024 (¥1,976 Mil).

Anhui Ankai Automobile Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,991 Mil) to Dec. 2022 (¥1,851 Mil) but then increased from Dec. 2022 (¥1,851 Mil) to Dec. 2023 (¥2,012 Mil).

Anhui Ankai Automobile Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Anhui Ankai Automobile 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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Anhui Ankai Automobile Co Accounts Payable & Accrued Expense Chart

Anhui Ankai Automobile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,535.82

2,777.60

1,990.52

1,851.11

2,012.40

Anhui Ankai Automobile 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															1,710.50	1,629.78	2,095.36	2,012.40	1,975.64

Anhui Ankai Automobile 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.

Anhui Ankai Automobile Co (SZSE:000868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Anhui Ankai Automobile Co Ltd (SZSE:000868) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.99, Huayuan Avenue, Hefei, CHN

Website

http://www.ankai.com

Anhui Ankai Automobile Co Ltd is a China-based company operates in the business of busses. It manufactures and sells large, medium, and light buses and their automotive parts. It offers Coach, City bus, School bus and New energy bus. Geographically the business activities are carried out through China and its products are exported to developed countries and regions, including U.S., UK, Australia, Dubai, Hong Kong, and Macau.

Executives

Shi Xiao Hong	Supervisors
Zhang Han Dong	Director
Dong Gang	Executives
Sheng Xia	Securities Affairs Representative
Li Qiang	Director

Anhui Ankai Automobile Co (SZSE:000868) Headlines

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