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Yutong Bus Co (SHSE:600066) Accounts Payable & Accrued Expense : ¥10,965 Mil (As of Mar. 2024)


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What is Yutong Bus Co Accounts Payable & Accrued Expense?

Yutong Bus Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥12,302 Mil) to Dec. 2023 (¥10,751 Mil) but then increased from Dec. 2023 (¥10,751 Mil) to Mar. 2024 (¥10,965 Mil).

Yutong Bus Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥11,795 Mil) to Dec. 2022 (¥10,721 Mil) but then increased from Dec. 2022 (¥10,721 Mil) to Dec. 2023 (¥10,751 Mil).


Yutong Bus Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yutong Bus 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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Yutong Bus Co Accounts Payable & Accrued Expense Chart

Yutong Bus Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,636.99 12,251.00 11,795.01 10,721.44 10,751.43

Yutong Bus 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,293.02 11,343.80 12,302.39 10,751.43 10,964.91

Yutong Bus 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.


Yutong Bus Co (SHSE:600066) Business Description

Traded in Other Exchanges
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Address
66 Yuxing Road, Zhengzhou Economic and Technological Development Zone, Henan Province, Zhengzhou, CHN, 450016
Yutong is the global market leader in buses, with close to 90% of revenue coming from sales in China. It is also China's largest bus manufacturer with around 30% of market share in medium and large buses. With the highest production capacity in its core segment, the company continues to benefit from the Chinese central government's subsidies for electric vehicles. Yutong's current product portfolio covers nearly all bus segments, including motor coach, shuttle, and school bus. While the firm started as a state-owned enterprise, a team of 23 company managers launched a management buyout in 2001 and eventually took over the firm in 2003.

Yutong Bus Co (SHSE:600066) Headlines

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