CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Accounts Payable & Accrued Expense : €974 Mil (As of Mar. 2024)

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What is CSSC Offshore & Marine Engineering (Group) Co Accounts Payable & Accrued Expense?

CSSC Offshore & Marine Engineering (Group) Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,193 Mil) to Dec. 2023 (€1,166 Mil) and declined from Dec. 2023 (€1,166 Mil) to Mar. 2024 (€974 Mil).

CSSC Offshore & Marine Engineering (Group) Co's annual accounts payable & accrued expense declined from Dec. 2021 (€1,195 Mil) to Dec. 2022 (€1,067 Mil) but then increased from Dec. 2022 (€1,067 Mil) to Dec. 2023 (€1,166 Mil).

CSSC Offshore & Marine Engineering (Group) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for CSSC Offshore & Marine Engineering (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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CSSC Offshore & Marine Engineering (Group) Co Accounts Payable & Accrued Expense Chart

CSSC Offshore & Marine Engineering (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,566.58

1,013.79

1,194.56

1,066.57

1,165.58

CSSC Offshore & Marine Engineering (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															1,123.52	958.44	1,193.05	1,165.58	973.86

CSSC Offshore & Marine Engineering (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.

CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSSC Offshore & Marine Engineering (Group) Co Ltd (FRA:GSZ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

00317:Hong Kong 600685:China

Address

No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250

Website

http://comec.cssc.net.cn

CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through three business segments: Shipbuilding and related business, Steel Structure engineering, Ship maintenance and modification, and others.

CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Headlines

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