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CHEAF (China Eastern Airlines) Accounts Payable & Accrued Expense : $4,364 Mil (As of Sep. 2024)


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What is China Eastern Airlines Accounts Payable & Accrued Expense?

China Eastern Airlines's quarterly accounts payable & accrued expense declined from Mar. 2024 ($3,103 Mil) to Jun. 2024 ($3,000 Mil) but then increased from Jun. 2024 ($3,000 Mil) to Sep. 2024 ($4,364 Mil).

China Eastern Airlines's annual accounts payable & accrued expense declined from Dec. 2021 ($3,217 Mil) to Dec. 2022 ($2,785 Mil) but then increased from Dec. 2022 ($2,785 Mil) to Dec. 2023 ($3,401 Mil).

China Eastern Airlines Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Eastern Airlines'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 Eastern Airlines Accounts Payable & Accrued Expense Chart

China Eastern Airlines 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 3,698.33 3,703.30 3,216.99 2,784.69 3,401.17

China Eastern Airlines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,306.71 3,401.17 3,102.55 3,000.12 4,364.19

China Eastern Airlines 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 Eastern Airlines Business Description

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Traded in Other Exchanges
00670:Hong Kong CIAH:Germany 600115:China
Address
36 Hongxiang 3rd Road, 5th Floor, Block A2, CEA Building, Northern District, Minhang District, Shanghai, CHN, 201100
Website
https://www.ceair.com
China Eastern Airlines is based in Shanghai and is one of the three largest state-owned airlines in China. The group operated a fleet of 782 aircraft as of 2023 and carried more than 130 million passengers in prepandemic 2019. It runs a hub-and-spoke model under which it gathers and distributes passengers from air hubs like Shanghai, Beijing, Xi'an, and Kunming.