Huitong Construction Group Co (SHSE:603176) Accounts Payable & Accrued Expense : ¥1,295 Mil (As of Mar. 2024)

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What is Huitong Construction Group Co Accounts Payable & Accrued Expense?

Huitong Construction Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,655 Mil) to Dec. 2023 (¥1,789 Mil) but then declined from Dec. 2023 (¥1,789 Mil) to Mar. 2024 (¥1,295 Mil).

Huitong Construction Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,350 Mil) to Dec. 2022 (¥1,731 Mil) and increased from Dec. 2022 (¥1,731 Mil) to Dec. 2023 (¥1,789 Mil).

Huitong Construction Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Huitong Construction Group 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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Huitong Construction Group Co Accounts Payable & Accrued Expense Chart

Huitong Construction Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,402.85

1,545.95

1,349.68

1,730.63

1,788.80

Huitong Construction Group Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													1,464.93	1,715.80	1,655.37	1,788.80	1,295.44

Huitong Construction Group 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.

Huitong Construction Group Co (SHSE:603176) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huitong Construction Group Co Ltd (SHSE:603176) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

69 Century East Road, Gaobeidian City, Hebei Province, Baoding, CHN, 074099

Website

https://www.htlq.com.cn

Huitong Construction Group Co Ltd is engaged in the construction of roadbed, pavement, bridges and culverts, and tunnels.

Huitong Construction Group Co (SHSE:603176) Headlines

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