China Merchants Port Holdings Co (China Merchants Port Holdings Co) Accounts Payable & Accrued Expense : $527 Mil (As of Dec. 2023)

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What is China Merchants Port Holdings Co Accounts Payable & Accrued Expense?

China Merchants Port Holdings Co's quarterly accounts payable & accrued expense increased from Dec. 2022 ($550 Mil) to Jun. 2023 ($809 Mil) but then declined from Jun. 2023 ($809 Mil) to Dec. 2023 ($527 Mil).

China Merchants Port Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 ($830 Mil) to Dec. 2022 ($550 Mil) and declined from Dec. 2022 ($550 Mil) to Dec. 2023 ($527 Mil).

China Merchants Port Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Merchants Port Holdings 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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China Merchants Port Holdings Co Accounts Payable & Accrued Expense Chart

China Merchants Port Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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720.74

831.93

830.36

550.39

527.41

China Merchants Port Holdings Co 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															830.36	966.22	550.39	808.63	527.41

China Merchants Port Holdings 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.

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Merchants Port Holdings Co Ltd (OTCPK:CMHHY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

CMHHF:USA 00144:Hong Kong CPM:Germany

Address

168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.cmport.com.hk

China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

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