COSCO SHIPPING Energy Transportation Co (HKSE:01138) Accounts Payable & Accrued Expense : HK$3,147 Mil (As of Dec. 2023)

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What is COSCO SHIPPING Energy Transportation Co Accounts Payable & Accrued Expense?

COSCO SHIPPING Energy Transportation Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (HK$4,672 Mil) to Sep. 2023 (HK$5,085 Mil) but then declined from Sep. 2023 (HK$5,085 Mil) to Dec. 2023 (HK$3,147 Mil).

COSCO SHIPPING Energy Transportation Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$2,804 Mil) to Dec. 2022 (HK$2,912 Mil) and increased from Dec. 2022 (HK$2,912 Mil) to Dec. 2023 (HK$3,147 Mil).

COSCO SHIPPING Energy Transportation Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for COSCO SHIPPING Energy Transportation 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 Energy Transportation Co Accounts Payable & Accrued Expense Chart

COSCO SHIPPING Energy Transportation Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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3,106.31

2,840.86

2,804.12

2,911.95

3,147.35

COSCO SHIPPING Energy Transportation 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															4,677.62	4,672.35	5,084.77	3,147.35	-

COSCO SHIPPING Energy Transportation 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 Energy Transportation Co (HKSE:01138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Energy Transportation Co Ltd (HKSE:01138) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

HIFH:Germany 600026:China

Address

No.670 Dongdaming Road, 7th Floor, Hongkou District, Shanghai, CHN, 200080

Website

https://energy.coscoshipping.com

COSCO SHIPPING Energy Transportation Co Ltd engages in the shipping business. The firm's business covers oil shipping, which includes vessel chartering. The company operates through the following segments: Oil shipment, LNG and Others. The majority of the firm's revenue gets dominated by the Oil shipment segment.

COSCO SHIPPING Energy Transportation Co (HKSE:01138) Headlines

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