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Shanghai Prosolar Resources Development Co (SHSE:600193) Accounts Payable & Accrued Expense : ¥268.7 Mil (As of Mar. 2024)


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What is Shanghai Prosolar Resources Development Co Accounts Payable & Accrued Expense?

Shanghai Prosolar Resources Development Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥299.9 Mil) to Dec. 2023 (¥307.6 Mil) but then declined from Dec. 2023 (¥307.6 Mil) to Mar. 2024 (¥268.7 Mil).

Shanghai Prosolar Resources Development Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥772.7 Mil) to Dec. 2022 (¥333.3 Mil) and declined from Dec. 2022 (¥333.3 Mil) to Dec. 2023 (¥307.6 Mil).

Shanghai Prosolar Resources Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Prosolar Resources Development 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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Shanghai Prosolar Resources Development Co Accounts Payable & Accrued Expense Chart

Shanghai Prosolar Resources Development 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 619.46 813.58 772.75 333.32 307.58

Shanghai Prosolar Resources Development 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 296.38 266.60 299.94 307.58 268.67

Shanghai Prosolar Resources Development 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.

Shanghai Prosolar Resources Development Co (SHSE:600193) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanghai Prosolar Resources Development Co Ltd (SHSE:600193) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
3rd Floor, No. 1388 Kangqiao Road, Pudong New District, Shanghai, CHN, 201315
Website
Shanghai Prosolar Resources Development Co Ltd is engaged in general contracting for construction of theme park venues, high-end hotels and residences, general contracting for interior decoration, BIM modeling consulting services and product sales for engineering projects.

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