AVIC Airborne Systems Co (SHSE:600372) Accounts Payable & Accrued Expense : ¥22,238 Mil (As of Mar. 2024)

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What is AVIC Airborne Systems Co Accounts Payable & Accrued Expense?

AVIC Airborne Systems Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥22,606 Mil) to Dec. 2023 (¥21,939 Mil) but then increased from Dec. 2023 (¥21,939 Mil) to Mar. 2024 (¥22,238 Mil).

AVIC Airborne Systems Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥7,541 Mil) to Dec. 2022 (¥19,851 Mil) and increased from Dec. 2022 (¥19,851 Mil) to Dec. 2023 (¥21,939 Mil).

AVIC Airborne Systems Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for AVIC Airborne Systems 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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AVIC Airborne Systems Co Accounts Payable & Accrued Expense Chart

AVIC Airborne Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6,482.23

7,227.20

7,540.69

19,851.26

21,938.60

AVIC Airborne Systems 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															8,866.89	20,574.58	22,605.66	21,938.60	22,238.36

AVIC Airborne Systems 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.

AVIC Airborne Systems Co (SHSE:600372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AVIC Airborne Systems Co Ltd (SHSE:600372) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

Jinghai 2nd Road, Beijing Economic and Technological Development Zone, Building 8, Yard 29, Beijing, CHN

Website

http://www.avic.com.cn

AVIC Airborne Systems Co Ltd Formerly China Avionics Systems Co Ltd engages in the research and development, production, sale, and services of engine auxiliary machinery systems and equipment for aviation. The company has aviation and armament equipment, military transport aircraft, helicopters, airborne systems and auto parts, general aviation, aviation research, flight testing, aviation supply chain and military trade, asset management, finance, engineering construction, automotive and other industries. The company also provides property leasing, technical, and consultancy services.

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