Eastern Communications Co (SHSE:600776) Accounts Payable & Accrued Expense : ¥639 Mil (As of Mar. 2024)

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What is Eastern Communications Co Accounts Payable & Accrued Expense?

Eastern Communications Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥691 Mil) to Dec. 2023 (¥654 Mil) and declined from Dec. 2023 (¥654 Mil) to Mar. 2024 (¥639 Mil).

Eastern Communications Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥647 Mil) to Dec. 2022 (¥715 Mil) but then declined from Dec. 2022 (¥715 Mil) to Dec. 2023 (¥654 Mil).

Eastern Communications Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Eastern Communications 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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Eastern Communications Co Accounts Payable & Accrued Expense Chart

Eastern Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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622.71

654.90

647.21

714.97

653.63

Eastern Communications 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															576.10	687.47	691.02	653.63	639.15

Eastern Communications 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.

Eastern Communications Co (SHSE:600776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eastern Communications Co Ltd (SHSE:600776) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

900941:China

Address

No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053

Website

http://www.eastcom.com

Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.

Eastern Communications Co (SHSE:600776) Headlines

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