Beijing Cuiwei Tower Co (SHSE:603123) Accounts Payable & Accrued Expense : ¥1,313 Mil (As of Mar. 2024)

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What is Beijing Cuiwei Tower Co Accounts Payable & Accrued Expense?

Beijing Cuiwei Tower Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,682 Mil) to Dec. 2023 (¥1,395 Mil) and declined from Dec. 2023 (¥1,395 Mil) to Mar. 2024 (¥1,313 Mil).

Beijing Cuiwei Tower Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,424 Mil) to Dec. 2022 (¥1,877 Mil) but then declined from Dec. 2022 (¥1,877 Mil) to Dec. 2023 (¥1,395 Mil).

Beijing Cuiwei Tower Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Beijing Cuiwei Tower 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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Beijing Cuiwei Tower Co Accounts Payable & Accrued Expense Chart

Beijing Cuiwei Tower Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,824.78

1,832.20

1,424.48

1,877.31

1,394.97

Beijing Cuiwei Tower 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															1,716.70	1,247.06	1,681.72	1,394.97	1,312.67

Beijing Cuiwei Tower 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.

Beijing Cuiwei Tower Co (SHSE:603123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Beijing Cuiwei Tower Co Ltd (SHSE:603123) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 33, Fuxing Road, Haidian District, Beijing, CHN, 100036

Website

http://www.cwjt.com

Beijing Cuiwei Tower Co Ltd is engaged in department stores retail business. Its retailing products mainly include cosmetics, household appliances, and supermarket products. The company has three major commercial brands, namely Cuiwei Department Store, Contemporary Mall and Ganjiakou Department Store, and seven large department stores, which integrates department store, supermarket, catering, leisure and entertainment, and other urban quality life services.

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