Guangxi Radio and Television Information Network (SHSE:600936) Accounts Payable & Accrued Expense : ¥1,279 Mil (As of Mar. 2024)

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What is Guangxi Radio and Television Information Network Accounts Payable & Accrued Expense?

Guangxi Radio and Television Information Network's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,218 Mil) to Dec. 2023 (¥1,355 Mil) but then declined from Dec. 2023 (¥1,355 Mil) to Mar. 2024 (¥1,279 Mil).

Guangxi Radio and Television Information Network's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,491 Mil) to Dec. 2022 (¥1,287 Mil) but then increased from Dec. 2022 (¥1,287 Mil) to Dec. 2023 (¥1,355 Mil).

Guangxi Radio and Television Information Network Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangxi Radio and Television Information Network'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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Guangxi Radio and Television Information Network Accounts Payable & Accrued Expense Chart

Guangxi Radio and Television Information Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,796.15

1,773.25

1,490.66

1,287.11

1,355.07

Guangxi Radio and Television Information Network 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															1,287.42	1,261.54	1,218.07	1,355.07	1,279.04

Guangxi Radio and Television Information Network 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.

Guangxi Radio and Television Information Network (SHSE:600936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangxi Radio and Television Information Network Corp Ltd (SHSE:600936) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

No.8 Jinghui Lane, Yunjing Road, Hao Guangxi Broadcasting Network Complex, Nanning, CHN, 530007

Website

http://www.96335.com

Guangxi Radio and Television Information Network Corp Ltd is a China-based company principally engaged in the construction and operation of radio and television network, radio and television program transmission, data network business, as well as the development and operation of Digital Television (TV) value-added services. The firm's main business includes basic TV business, the installation of cable TV business, digital TV value-added services, program transmission, data network business, as well as the wholesale of broadcast television equipment.

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