Hubei Chutian Smart Communication Co (SHSE:600035) Accounts Payable & Accrued Expense : ¥547 Mil (As of Mar. 2024)

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What is Hubei Chutian Smart Communication Co Accounts Payable & Accrued Expense?

Hubei Chutian Smart Communication Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥666 Mil) to Dec. 2023 (¥1,033 Mil) but then declined from Dec. 2023 (¥1,033 Mil) to Mar. 2024 (¥547 Mil).

Hubei Chutian Smart Communication Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥887 Mil) to Dec. 2022 (¥753 Mil) but then increased from Dec. 2022 (¥753 Mil) to Dec. 2023 (¥1,033 Mil).

Hubei Chutian Smart Communication Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hubei Chutian Smart Communication 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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Hubei Chutian Smart Communication Co Accounts Payable & Accrued Expense Chart

Hubei Chutian Smart Communication Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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823.78

894.57

886.92

752.80

1,032.69

Hubei Chutian Smart Communication 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															603.71	599.21	665.99	1,032.69	547.26

Hubei Chutian Smart Communication 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.

Hubei Chutian Smart Communication Co (SHSE:600035) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hubei Chutian Smart Communication Co Ltd (SHSE:600035) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 9 Longyang Avenue, Hanyang District, Wuhan, Hubei, CHN, 430051

Website

http://www.hbctgs.com

Hubei Chutian Smart Communication Co Ltd is a China-based company engaged in the investment, construction, and management of roads, bridges and other transportation infrastructures. The company operates and manages one expressway connecting Wuhan and Yichang, as well as one expressway from Dawu to Suizhou. It operates its businesses mainly in Hubei province, China.

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