SGHIF (Shanghai Industrial Holdings) Accounts Payable & Accrued Expense : $1,874 Mil (As of Dec. 2024)

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What is Shanghai Industrial Holdings Accounts Payable & Accrued Expense?

Shanghai Industrial Holdings's quarterly accounts payable & accrued expense increased from Dec. 2023 ($2,367 Mil) to Jun. 2024 ($2,481 Mil) but then declined from Jun. 2024 ($2,481 Mil) to Dec. 2024 ($1,874 Mil).

Shanghai Industrial Holdings's annual accounts payable & accrued expense declined from Dec. 2022 ($2,965 Mil) to Dec. 2023 ($2,367 Mil) and declined from Dec. 2023 ($2,367 Mil) to Dec. 2024 ($1,874 Mil).

Shanghai Industrial Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Industrial 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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Shanghai Industrial Holdings Accounts Payable & Accrued Expense Chart

Shanghai Industrial Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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3,216.26

3,696.32

2,965.11

2,366.54

1,874.19

Shanghai Industrial Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,965.11	2,583.06	2,366.54	2,480.75	1,874.19

Shanghai Industrial 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.

Shanghai Industrial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanghai Industrial Holdings Ltd (OTCPK:SGHIF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SGHIY:USA 00363:Hong Kong SGI:Germany SGI:Germany

Address

39 Gloucester Road, Wanchai, 26th Floor, Harcourt House, Hong Kong, HKG

Website

http://www.sihl.com.hk

Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in four segments Infrastructure and environmental protection which includes investment in toll road/bridge projects and water services/clean energy businesses, Real estate which includes property development and investment and hotel operation, Consumer products which includes manufacture and sale of cigarettes, packaging materials, and printed products, Comprehensive healthcare operations which includes manufacture and sales of pharmaceutical and healthcare products, provision of distribution and supply chain solutions services and operation and franchise of a network of retail pharmacies Its geographical segments are China, Asia, Hong Kong, and others, of which the majority of its revenue comes from China.

Shanghai Industrial Holdings Headlines

From GuruFocus

Unraveling the Dividend Story of Shanghai Industrial Holdings Ltd (SGHIF)

By GuruFocus Research • 09-22-2023