Shanghai Mechanical & Electrical Industry Co (SHSE:600835) Accounts Payable & Accrued Expense : ¥7,066 Mil (As of Mar. 2024)

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What is Shanghai Mechanical & Electrical Industry Co Accounts Payable & Accrued Expense?

Shanghai Mechanical & Electrical Industry Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥8,288 Mil) to Dec. 2023 (¥6,856 Mil) but then increased from Dec. 2023 (¥6,856 Mil) to Mar. 2024 (¥7,066 Mil).

Shanghai Mechanical & Electrical Industry Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥6,353 Mil) to Dec. 2022 (¥6,722 Mil) and increased from Dec. 2022 (¥6,722 Mil) to Dec. 2023 (¥6,856 Mil).

Shanghai Mechanical & Electrical Industry Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry Co Accounts Payable & Accrued Expense Chart

Shanghai Mechanical & Electrical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,480.21

5,984.73

6,352.60

6,722.14

6,856.08

Shanghai Mechanical & Electrical Industry 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															7,000.80	8,259.00	8,288.30	6,856.08	7,066.03

Shanghai Mechanical & Electrical Industry 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 Mechanical & Electrical Industry Co (SHSE:600835) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Mechanical & Electrical Industry Co Ltd (SHSE:600835) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

900925:China

Address

No. 1286 Minsheng Road, Huishang Building, 9F, Pudong, Shanghai, Shanghai, CHN, 200135

Website

http://www.chinasec.cn

Shanghai Mechanical & Electrical Industry Co Ltd mainly operates as a distributor and manufacturer of the mechanical and electrical equipment. It provides products such as escalators, printing and packaging machines, refrigeration and air conditioning and welding equipment, engineering machineries, wood-based panel machineries, energy engineering, hydraulic and pneumatic products and electrical equipment.

Executives

Yu Yin Gui

Supervisors

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