Zhejiang Zheneng Electric Power Co (SHSE:600023) Accounts Payable & Accrued Expense : ¥13,381 Mil (As of Sep. 2023)

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What is Zhejiang Zheneng Electric Power Co Accounts Payable & Accrued Expense?

Zhejiang Zheneng Electric Power Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥15,021 Mil) to Jun. 2023 (¥16,086 Mil) but then declined from Jun. 2023 (¥16,086 Mil) to Sep. 2023 (¥13,381 Mil).

Zhejiang Zheneng Electric Power Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥8,367 Mil) to Dec. 2021 (¥10,600 Mil) and increased from Dec. 2021 (¥10,600 Mil) to Dec. 2022 (¥11,085 Mil).

Zhejiang Zheneng Electric Power Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Zheneng Electric Power 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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Zhejiang Zheneng Electric Power Co Accounts Payable & Accrued Expense Chart

Zhejiang Zheneng Electric Power Co Annual Data

Trend

Dec13

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Dec22

Accounts Payable & Accrued Expense

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7,847.57

6,764.64

8,366.91

10,599.93

11,084.54

Zhejiang Zheneng Electric Power Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8,567.00	11,084.54	15,021.28	16,086.00	13,381.30

Zhejiang Zheneng Electric Power 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.

Zhejiang Zheneng Electric Power Co (SHSE:600023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Zhejiang Zheneng Electric Power Co Ltd (SHSE:600023) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

Zhejiang Building, Tianmushan Road, No. 152, Hangzhou, Zhejiang, CHN, 310007

Website

http://www.zzepc.com.cn

Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power. The company has expanded its investment scale in the power production field year by year.

Zhejiang Zheneng Electric Power Co (SHSE:600023) Headlines

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