Zhongtai Securities Co (SHSE:600918) Accounts Payable & Accrued Expense : ¥5,896 Mil (As of Mar. 2024)

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What is Zhongtai Securities Co Accounts Payable & Accrued Expense?

Zhongtai Securities Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥5,474 Mil) to Dec. 2023 (¥5,619 Mil) and increased from Dec. 2023 (¥5,619 Mil) to Mar. 2024 (¥5,896 Mil).

Zhongtai Securities Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥6,585 Mil) to Dec. 2022 (¥5,227 Mil) but then increased from Dec. 2022 (¥5,227 Mil) to Dec. 2023 (¥5,619 Mil).

Zhongtai Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhongtai Securities 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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Zhongtai Securities Co Accounts Payable & Accrued Expense Chart

Zhongtai Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,674.68

5,032.57

6,584.54

5,227.15

5,619.16

Zhongtai Securities 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															6,348.45	5,733.92	5,473.79	5,619.16	5,896.15

Zhongtai Securities 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.

Zhongtai Securities Co (SHSE:600918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zhongtai Securities Co Ltd (SHSE:600918) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 86 Jingqi Road, Shizhong District, Shandong Province, Jinan, CHN, 250001

Website

http://www.zts.com.cn

Zhongtai Securities Co Ltd is engaged in provision of securities brokerage; securities investment consulting; financial advisors related to securities trading and securities investment activities; securities underwriting and sponsorship; securities self-employment; financing and securities lending; securities investment fund consignment; consignment financial products; stock option market making; and securities investment fund custody services.

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