China Gas Holdings (HKSE:00384) Accounts Payable & Accrued Expense : HK$18,533 Mil (As of Mar. 2024)

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What is China Gas Holdings Accounts Payable & Accrued Expense?

China Gas Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 (HK$20,442 Mil) to Sep. 2023 (HK$20,886 Mil) but then declined from Sep. 2023 (HK$20,886 Mil) to Mar. 2024 (HK$18,533 Mil).

China Gas Holdings's annual accounts payable & accrued expense declined from Mar. 2022 (HK$22,328 Mil) to Mar. 2023 (HK$20,442 Mil) and declined from Mar. 2023 (HK$20,442 Mil) to Mar. 2024 (HK$18,533 Mil).

China Gas Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Gas Holdings'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 Gas Holdings Accounts Payable & Accrued Expense Chart

China Gas Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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18,924.50

20,585.01

22,327.83

20,441.53

18,532.69

China Gas Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															20,998.18	20,441.53	20,886.09	18,532.69	18,739.54

China Gas Holdings 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 Gas Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Holdings Ltd (HKSE:00384) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CGHOF:USA CGHLY:USA EBZ:Germany

Address

188 Meiyuan Road, China Gas Building, Luohu District, Guangdong Province, Shenzhen, CHN

Website

https://www.chinagasholdings.com.hk

China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2024 (ended March 31, 2024), the group had secured a total of 662 piped gas concessions, 516 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 119 LPG distribution projects in China. In total, CGH has connected 47.1 million residential households and achieved a penetration rate of 70.9%.

Executives

Liu Ming Hui	2101 Beneficial owner
Beijing Enterprises Group Company Limited
Beijing Enterprises Holdings Limited
Chiu Tat Jung Daniel	2201 Interest of corporation controlled by you
First Level Holdings Limited	2201 Interest of corporation controlled by you
Fortune Dynasty Holdings Limited	2201 Interest of corporation controlled by you
Fortune Oil Limited	2201 Interest of corporation controlled by you
Fortune Oil Prc Holdings Limited	2101 Beneficial owner
Joint Coast Alliance Market Development Limited	2201 Interest of corporation controlled by you
China Gas Group Limited	2101 Beneficial owner

China Gas Holdings Headlines

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