Orient Securities Co (SHSE:600958) Accounts Payable & Accrued Expense : ¥3,464 Mil (As of Mar. 2024)

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What is Orient Securities Co Accounts Payable & Accrued Expense?

Orient Securities Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,142 Mil) to Dec. 2023 (¥3,448 Mil) and increased from Dec. 2023 (¥3,448 Mil) to Mar. 2024 (¥3,464 Mil).

Orient Securities Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥4,472 Mil) to Dec. 2022 (¥3,668 Mil) and declined from Dec. 2022 (¥3,668 Mil) to Dec. 2023 (¥3,448 Mil).

Orient Securities Co Accounts Payable & Accrued Expense Historical Data

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

Orient Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,359.41

3,967.41

4,472.21

3,668.05

3,448.09

Orient 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															3,583.77	2,857.51	3,142.13	3,448.09	3,464.35

Orient 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.

Orient Securities Co (SHSE:600958) Business Description

Industry

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Traded in Other Exchanges

03958:Hong Kong

Address

No. 119 South Zhongshan Road, Orient Securities Building, Huangpu District, Shanghai, CHN, 200010

Website

https://www.dfzq.com.cn

Orient Securities Co Ltd is engaged in sales and trading of securities including investment and trading, fixed income investment and trading, financial derivatives trading business, NEEQ market-making business, alternative investment, and securities research services. It engages in alternative investment business through Orient Securities Innovation Investment. The company's segments include Securities Sales and Trading, Investment Management, Brokerage and Securities Financing, Investment Banking, and Headquarters and Others. The majority of the revenue is earned from the Brokerage and Securities Financing segment.

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