Nanjing Securities Co (SHSE:601990) Accounts Payable & Accrued Expense : ¥619 Mil (As of Mar. 2024)

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What is Nanjing Securities Co Accounts Payable & Accrued Expense?

Nanjing Securities Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥404 Mil) to Dec. 2023 (¥456 Mil) and increased from Dec. 2023 (¥456 Mil) to Mar. 2024 (¥619 Mil).

Nanjing Securities Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥564 Mil) to Dec. 2022 (¥456 Mil) and declined from Dec. 2022 (¥456 Mil) to Dec. 2023 (¥456 Mil).

Nanjing Securities Co Accounts Payable & Accrued Expense Historical Data

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

Nanjing Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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425.19

536.77

563.57

456.37

456.16

Nanjing 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															561.34	405.46	403.53	456.16	619.31

Nanjing 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.

Nanjing Securities Co (SHSE:601990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nanjing Securities Co Ltd (SHSE:601990) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

389, Jiangdong Middle Road, Jiangsu Province, Nanjing, CHN, 210019

Website

http://www.njzq.com.cn

Nanjing Securities Co Ltd is the securities brokerage company. Its business scope covers securities brokerage, securities underwriting and sponsorship, securities self-employment, securities asset management, credit transactions, over-the-counter market, financial derivatives, internet finance and many other fields.

Executives

Zhang Hong

Director

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