COSCO SHIPPING Ports (COSCO SHIPPING Ports) Accounts Payable & Accrued Expense : $442.7 Mil (As of Dec. 2023)

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What is COSCO SHIPPING Ports Accounts Payable & Accrued Expense?

COSCO SHIPPING Ports's quarterly accounts payable & accrued expense increased from Jun. 2023 ($413.0 Mil) to Sep. 2023 ($608.2 Mil) but then declined from Sep. 2023 ($608.2 Mil) to Dec. 2023 ($442.7 Mil).

COSCO SHIPPING Ports's annual accounts payable & accrued expense declined from Dec. 2021 ($573.3 Mil) to Dec. 2022 ($392.0 Mil) but then increased from Dec. 2022 ($392.0 Mil) to Dec. 2023 ($442.7 Mil).

COSCO SHIPPING Ports Accounts Payable & Accrued Expense Historical Data

The historical data trend for COSCO SHIPPING Ports'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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COSCO SHIPPING Ports Accounts Payable & Accrued Expense Chart

COSCO SHIPPING Ports Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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415.28

403.92

573.33

391.97

442.73

COSCO SHIPPING Ports Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	391.97	413.03	608.19	442.73

COSCO SHIPPING Ports 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.

COSCO SHIPPING Ports (COSCO SHIPPING Ports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Ports Ltd (OTCPK:CSPKF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

01199:Hong Kong CTH:Germany

Address

183 Queen's Road Central, 49th Floor, COSCO Tower, Hong Kong, HKG

Website

https://ports.coscoshipping.com

COSCO SHIPPING Ports Ltd is a leading port operator and investor in China. The company's segment includes Terminals and related businesses and Others. It generates maximum revenue from the Terminals and related businesses segment. Geographically presence in Mainland China (excluding Hong Kong), Europe and Others.