Shanghai Chuangli Group Co (SHSE:603012) Accounts Payable & Accrued Expense : ¥1,893 Mil (As of Mar. 2024)

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What is Shanghai Chuangli Group Co Accounts Payable & Accrued Expense?

Shanghai Chuangli Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,925 Mil) to Dec. 2023 (¥1,945 Mil) but then declined from Dec. 2023 (¥1,945 Mil) to Mar. 2024 (¥1,893 Mil).

Shanghai Chuangli Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,877 Mil) to Dec. 2022 (¥2,025 Mil) but then declined from Dec. 2022 (¥2,025 Mil) to Dec. 2023 (¥1,945 Mil).

Shanghai Chuangli Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Chuangli Group 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 Chuangli Group Co Accounts Payable & Accrued Expense Chart

Shanghai Chuangli Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,672.94

1,617.98

1,877.37

2,024.58

1,945.40

Shanghai Chuangli Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,867.91	1,873.77	1,925.48	1,945.40	1,893.35

Shanghai Chuangli Group 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 Chuangli Group Co (SHSE:603012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Chuangli Group Co Ltd (SHSE:603012) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Qifu Road, Qingpu Industrial Park, No. 1568, Shanghai, CHN, 201706

Website

http://www.shclkj.com

Shanghai Chuangli Group Co Ltd is a coal mining equipment supplier mainly engaged in comprehensive mining machinery and equipment in the coal mine. Its main business is the design, research and development, manufacturing, sales and technology of coal comprehensive mining machinery equipment, coal mine automation control system and mining electrical equipment. Its products are coal comprehensive mining machinery and equipment, including series drum type coal mining machine, series cantilever roadheader, and related spare parts.

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