Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) Accounts Payable & Accrued Expense : ¥2,789 Mil (As of Dec. 2023)

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What is Shanghai Aerospace Automobile Electromechanical Co Accounts Payable & Accrued Expense?

Shanghai Aerospace Automobile Electromechanical Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (¥2,817 Mil) to Sep. 2023 (¥3,068 Mil) but then declined from Sep. 2023 (¥3,068 Mil) to Dec. 2023 (¥2,789 Mil).

Shanghai Aerospace Automobile Electromechanical Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,359 Mil) to Dec. 2022 (¥2,670 Mil) and increased from Dec. 2022 (¥2,670 Mil) to Dec. 2023 (¥2,789 Mil).

Shanghai Aerospace Automobile Electromechanical Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Aerospace Automobile Electromechanical 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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Shanghai Aerospace Automobile Electromechanical Co Accounts Payable & Accrued Expense Chart

Shanghai Aerospace Automobile Electromechanical Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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2,516.18

2,236.19

2,358.83

2,670.13

2,789.00

Shanghai Aerospace Automobile Electromechanical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,670.13	2,769.88	2,816.58	3,068.13	2,789.00

Shanghai Aerospace Automobile Electromechanical 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.

Shanghai Aerospace Automobile Electromechanical Co (SHSE:600151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shanghai Aerospace Automobile Electromechanical Co Ltd (SHSE:600151) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 222 Caoxi Road, Aerospace Plaza, South Building, 8F, Shanghai, CHN, 200235

Website

http://www.ht-saae.com

Shanghai Aerospace Automobile Electromechanical Co Ltd manufactures and sells solar products in China and internationally. It manufactures ingots, wafers, cells, solar modules, and solar systems. It also provides various auto parts, such as HVAC assembly products, air conditioning systems, serpentine and parallel flow condensers, serpentine heating cores, aluminum brazing heating cores and air-conditioner pipelines among other products.

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