COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Accounts Payable & Accrued Expense : $90.7 Mil (As of Dec. 2023)

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What is COSCO SHIPPING International (Hong Kong) Co Accounts Payable & Accrued Expense?

COSCO SHIPPING International (Hong Kong) Co's quarterly accounts payable & accrued expense declined from Dec. 2022 ($91.8 Mil) to Jun. 2023 ($88.0 Mil) but then increased from Jun. 2023 ($88.0 Mil) to Dec. 2023 ($90.7 Mil).

COSCO SHIPPING International (Hong Kong) Co's annual accounts payable & accrued expense declined from Dec. 2021 ($117.5 Mil) to Dec. 2022 ($91.8 Mil) and declined from Dec. 2022 ($91.8 Mil) to Dec. 2023 ($90.7 Mil).

COSCO SHIPPING International (Hong Kong) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for COSCO SHIPPING International (Hong Kong) 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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COSCO SHIPPING International (Hong Kong) Co Accounts Payable & Accrued Expense Chart

COSCO SHIPPING International (Hong Kong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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80.53

121.92

117.48

91.77

90.74

COSCO SHIPPING International (Hong Kong) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															117.48	129.71	91.77	87.97	90.74

COSCO SHIPPING International (Hong Kong) 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.

COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING International (Hong Kong) Co Ltd (OTCPK:CHDGF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

00517:Hong Kong CSB:Germany

Address

183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG

Website

https://hk.coscoshipping.com

COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Headlines

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