China ITS (Holdings) Co (HKSE:01900) Accounts Payable & Accrued Expense : HK$618.3 Mil (As of Dec. 2023)

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What is China ITS (Holdings) Co Accounts Payable & Accrued Expense?

China ITS (Holdings) Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$505.8 Mil) to Jun. 2023 (HK$466.7 Mil) but then increased from Jun. 2023 (HK$466.7 Mil) to Dec. 2023 (HK$618.3 Mil).

China ITS (Holdings) Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$576.6 Mil) to Dec. 2022 (HK$505.8 Mil) but then increased from Dec. 2022 (HK$505.8 Mil) to Dec. 2023 (HK$618.3 Mil).

China ITS (Holdings) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China ITS (Holdings) 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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China ITS (Holdings) Co Accounts Payable & Accrued Expense Chart

China ITS (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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662.09

593.51

576.63

505.81

618.34

China ITS (Holdings) 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															576.63	520.13	505.81	466.67	618.34

China ITS (Holdings) 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.

China ITS (Holdings) Co (HKSE:01900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » China ITS (Holdings) Co Ltd (HKSE:01900) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Building 204, No. A10, Chaoyang District, Beijing, CHN, 100015

Website

http://www.its.cn

China ITS (Holdings) Co Ltd and its subsidiaries are mainly a provider of products, specialized solutions, and services related to infrastructure technology in the railway and electric power sectors. The operating business segments are Railway business which is engaged in the provision of products and specialized solutions mainly including railway communication products and energy-base products. The Electric power business segment is engaged in the provision of products and specialized solutions related to electric power equipment for customers in the electric power infrastructure construction area. Geographically, the company operates in China and Myanmar.

Executives

Jiang Hailin	2201 Interest of corporation controlled by you
Liao Jie	2101 Beneficial owner
China Its Co., Ltd.	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Joyful Business Holdings Limited	2101 Beneficial owner
Best Partners Development Limited	2501 Other
Credit Suisse Trust Limited	2301 Trustee
Fino Investments Limited	2201 Interest of corporation controlled by you
Tesco Investments Limited	2201 Interest of corporation controlled by you

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