China CSSC Holdings (SHSE:600150) Accounts Payable & Accrued Expense : ¥29,074 Mil (As of Sep. 2023)

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What is China CSSC Holdings Accounts Payable & Accrued Expense?

China CSSC Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥27,328 Mil) to Jun. 2023 (¥28,451 Mil) and increased from Jun. 2023 (¥28,451 Mil) to Sep. 2023 (¥29,074 Mil).

China CSSC Holdings's annual accounts payable & accrued expense increased from Dec. 2020 (¥27,500 Mil) to Dec. 2021 (¥30,929 Mil) but then declined from Dec. 2021 (¥30,929 Mil) to Dec. 2022 (¥27,966 Mil).

China CSSC Holdings Accounts Payable & Accrued Expense Historical Data

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

China CSSC Holdings Annual Data

Trend

Dec13

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Dec15

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Dec17

Dec18

Dec19

Dec20

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Dec22

Accounts Payable & Accrued Expense

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6,801.64

22,884.53

27,500.33

30,928.75

27,966.41

China CSSC Holdings 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															28,586.40	27,966.41	27,328.43	28,451.03	29,074.40

China CSSC 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 CSSC Holdings (SHSE:600150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China CSSC Holdings Ltd (SHSE:600150) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Pudong Avenue, Pudong New Area, 15A, China Shipbuilding Building, Shanghai, CHN, 200120

Website

http://csscholdings.cssc.net.cn

China CSSC Holdings Ltd is a China-based company engaged in the business activities of shipbuilding and ship repair. Its main products are a Capesize bulk carrier, Floating production storage and offloading, Aframax tanker and others. In addition, the company is also involved in the business activities of the core package, ocean engineering and other.

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