China Merchants Commercial�REIT (HKSE:01503) Accounts Payable & Accrued Expense : HK$312.1 Mil (As of Dec. 2023)

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What is China Merchants Commercial�REIT Accounts Payable & Accrued Expense?

China Merchants Commercial�REIT's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$403.3 Mil) to Jun. 2023 (HK$341.6 Mil) and declined from Jun. 2023 (HK$341.6 Mil) to Dec. 2023 (HK$312.1 Mil).

China Merchants Commercial�REIT's annual accounts payable & accrued expense increased from Dec. 2021 (HK$224.7 Mil) to Dec. 2022 (HK$403.3 Mil) but then declined from Dec. 2022 (HK$403.3 Mil) to Dec. 2023 (HK$312.1 Mil).

China Merchants Commercial�REIT Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Merchants Commercial�REIT'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 Commercial�REIT Accounts Payable & Accrued Expense Chart

China Merchants Commercial�REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,489.43

205.70

224.67

403.34

312.13

China Merchants Commercial�REIT Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									224.67	434.98	403.34	341.62	312.13

China Merchants Commercial�REIT 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 Commercial�REIT (HKSE:01503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » China Merchants Commercial�REIT (HKSE:01503) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200

Website

https://www.cmcreit.com

China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre and Technology Building 2 among others.

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