Soochow Securities Co (SHSE:601555) Accounts Payable & Accrued Expense : ¥2,553 Mil (As of Mar. 2024)

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What is Soochow Securities Co Accounts Payable & Accrued Expense?

Soochow Securities Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,546 Mil) to Dec. 2023 (¥2,104 Mil) but then increased from Dec. 2023 (¥2,104 Mil) to Mar. 2024 (¥2,553 Mil).

Soochow Securities Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,360 Mil) to Dec. 2022 (¥2,626 Mil) but then declined from Dec. 2022 (¥2,626 Mil) to Dec. 2023 (¥2,104 Mil).

Soochow Securities Co Accounts Payable & Accrued Expense Historical Data

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

Soochow Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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941.84

2,007.57

2,360.28

2,625.57

2,103.94

Soochow 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															2,764.87	2,602.93	2,546.00	2,103.94	2,553.01

Soochow 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.

Soochow Securities Co (SHSE:601555) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Soochow Securities Co Ltd (SHSE:601555) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.5 Xingyang Street, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215021

Website

http://www.dwjq.com.cn

Soochow Securities Co Ltd is a securities company. Its businesses include securities brokerage, investment banking, securities investing, asset management, fixed-income investing, margin financing and wealth management. The group also act as a support system of research consulting, information technology and risk management, creating a co-development and win-win cooperation future for customers. Geographically the activities are carried out through China.

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