Qinhuangdao Port Co (SHSE:601326) Accounts Payable & Accrued Expense : ¥1,365 Mil (As of Mar. 2024)

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What is Qinhuangdao Port Co Accounts Payable & Accrued Expense?

Qinhuangdao Port Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,570 Mil) to Dec. 2023 (¥881 Mil) but then increased from Dec. 2023 (¥881 Mil) to Mar. 2024 (¥1,365 Mil).

Qinhuangdao Port Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,327 Mil) to Dec. 2022 (¥854 Mil) but then increased from Dec. 2022 (¥854 Mil) to Dec. 2023 (¥881 Mil).

Qinhuangdao Port Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Qinhuangdao Port 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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Qinhuangdao Port Co Accounts Payable & Accrued Expense Chart

Qinhuangdao Port Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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919.26

1,112.59

1,326.79

853.66

880.96

Qinhuangdao Port 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															1,574.42	1,966.44	1,569.68	880.96	1,365.13

Qinhuangdao Port 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.

Qinhuangdao Port Co (SHSE:601326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Qinhuangdao Port Co Ltd (SHSE:601326) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

03369:Hong Kong QHD:Germany

Address

35 Haibin Road, Haigang District, Hebei Province, Qinhuangdao, CHN, 066002

Website

https://www.portqhd.com

Qinhuangdao Port Co Ltd is engaged in the provision of integrated port services for customers. It provides integrated port services including stevedoring, stacking, warehousing, transportation, and logistics services. The company handles various types of cargo mainly including coal, metal ores, oil and liquefied chemicals, containers, general cargoes, and other goods. It also provides value-added services including towing, tallying, and coal blending. The company's whole operations are in China.

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