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Anhui Conch Cement Co (SHSE:600585) Accounts Payable & Accrued Expense : ¥19,425 Mil (As of Dec. 2023)


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What is Anhui Conch Cement Co Accounts Payable & Accrued Expense?

Anhui Conch Cement Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (¥16,612 Mil) to Sep. 2023 (¥17,659 Mil) and increased from Sep. 2023 (¥17,659 Mil) to Dec. 2023 (¥19,425 Mil).

Anhui Conch Cement Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥21,315 Mil) to Dec. 2022 (¥19,604 Mil) and declined from Dec. 2022 (¥19,604 Mil) to Dec. 2023 (¥19,425 Mil).


Anhui Conch Cement Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Anhui Conch Cement 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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Anhui Conch Cement Co Accounts Payable & Accrued Expense Chart

Anhui Conch Cement Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,552.05 16,363.56 21,315.06 19,604.10 19,424.72

Anhui Conch Cement 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,604.10 16,430.59 16,612.23 17,658.90 19,424.72

Anhui Conch Cement 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.


Anhui Conch Cement Co (SHSE:600585) Business Description

Traded in Other Exchanges
Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (SHSE:600585) Headlines

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