Eastern Air Logistics Co (SHSE:601156) Accounts Payable & Accrued Expense : ¥2,408 Mil (As of Mar. 2024)

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What is Eastern Air Logistics Co Accounts Payable & Accrued Expense?

Eastern Air Logistics Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,105 Mil) to Dec. 2023 (¥3,141 Mil) but then declined from Dec. 2023 (¥3,141 Mil) to Mar. 2024 (¥2,408 Mil).

Eastern Air Logistics Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥3,093 Mil) to Dec. 2022 (¥2,728 Mil) but then increased from Dec. 2022 (¥2,728 Mil) to Dec. 2023 (¥3,141 Mil).

Eastern Air Logistics Co Accounts Payable & Accrued Expense Historical Data

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

Eastern Air Logistics Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,932.87

2,452.76

3,093.31

2,727.80

3,141.34

Eastern Air Logistics Co Quarterly Data
	Dec16	Dec17	Dec18	Dec19	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															2,812.42	2,612.82	3,104.91	3,141.34	2,408.07

Eastern Air Logistics 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 Air Logistics Co (SHSE:601156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eastern Air Logistics Co Ltd (SHSE:601156) » Definitions » Accounts Payable & Accrued Expense

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Address

66 Airport Avenue, Pudong Airport, Shanghai, CHN, 201207

Website

https://www.eal-ceair.com

Eastern Air Logistics Co Ltd provide comprehensive ground services and comprehensive logistics solutions.

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