Shanghai Tianchen Co (SHSE:600620) Accounts Payable & Accrued Expense : ¥522.6 Mil (As of Mar. 2024)

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What is Shanghai Tianchen Co Accounts Payable & Accrued Expense?

Shanghai Tianchen Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥383.1 Mil) to Dec. 2023 (¥552.5 Mil) but then declined from Dec. 2023 (¥552.5 Mil) to Mar. 2024 (¥522.6 Mil).

Shanghai Tianchen Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥66.1 Mil) to Dec. 2022 (¥531.0 Mil) and increased from Dec. 2022 (¥531.0 Mil) to Dec. 2023 (¥552.5 Mil).

Shanghai Tianchen Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Tianchen 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 Tianchen Co Accounts Payable & Accrued Expense Chart

Shanghai Tianchen Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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51.97

56.47

66.14

531.00

552.49

Shanghai Tianchen 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															413.29	405.38	383.11	552.49	522.63

Shanghai Tianchen 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 Tianchen Co (SHSE:600620) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Tianchen Co Ltd (SHSE:600620) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

29th Floor, 8 Xianxia Road, Changning District,, Shanghai, CHN, 200336

Website

http://www.shstc.com

Shanghai Tianchen Co Ltd is engaged in the property leasing and property management activities. Further it is also involved in the Taxi operations.

Shanghai Tianchen Co (SHSE:600620) Headlines

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