China Security Co (SHSE:600654) Accounts Payable & Accrued Expense : ¥1,953 Mil (As of Dec. 2023)

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What is China Security Co Accounts Payable & Accrued Expense?

China Security Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (¥1,894 Mil) to Sep. 2023 (¥1,867 Mil) but then increased from Sep. 2023 (¥1,867 Mil) to Dec. 2023 (¥1,953 Mil).

China Security Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥2,981 Mil) to Dec. 2022 (¥2,319 Mil) and declined from Dec. 2022 (¥2,319 Mil) to Dec. 2023 (¥1,953 Mil).

China Security Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Security 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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China Security Co Accounts Payable & Accrued Expense Chart

China Security Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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2,977.24

2,514.59

2,980.56

2,318.63

1,953.49

China Security 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															2,318.63	1,911.91	1,894.40	1,866.87	1,953.49

China Security 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.

China Security Co (SHSE:600654) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Security Co Ltd (SHSE:600654) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.2, South Road, 17th Floor, Block C, Rongke Information Center, Haidian District, Beijing, CHN, 100190

Website

http://www.600654.com

China Security Co Ltd is a professional smart city system integrator and comprehensive security service provider in China. It is involved in system integration and product manufacture. Its domestic business includes Public Safety, Smart Living, Smart Industry, and Smart Integration. Its international business includes Cash Logistics Management, Property Security Service, Electronic Security Service, Guard Security Services, Facility Management Service, and Extended Security Services.

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