China Gas Holdings (China Gas Holdings) Accounts Payable & Accrued Expense : $2,668 Mil (As of Sep. 2023)

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What is China Gas Holdings Accounts Payable & Accrued Expense?

China Gas Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 ($2,675 Mil) to Mar. 2023 ($2,604 Mil) but then increased from Mar. 2023 ($2,604 Mil) to Sep. 2023 ($2,668 Mil).

China Gas Holdings's annual accounts payable & accrued expense increased from Mar. 2021 ($2,651 Mil) to Mar. 2022 ($2,854 Mil) but then declined from Mar. 2022 ($2,854 Mil) to Mar. 2023 ($2,604 Mil).

China Gas Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Gas 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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China Gas Holdings Accounts Payable & Accrued Expense Chart

China Gas Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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3,166.29

2,437.12

2,650.97

2,854.20

2,604.45

China Gas Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,658.51	2,854.20	2,675.13	2,604.45	2,667.96

China Gas 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.

China Gas Holdings (China Gas Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Holdings Ltd (OTCPK:CGHLY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CGHOF:USA 00384:Hong Kong EBZ:Germany

Address

151 Gloucester Road, Room 1601, 16th Floor, Capital Centre, Wan Chai, Hong Kong, HKG

Website

http://www.chinagasholdings.com.hk

China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.

China Gas Holdings (China Gas Holdings) Headlines

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