Guangzhou Jiacheng International Logistics Co (SHSE:603535) Accounts Payable & Accrued Expense : ¥673 Mil (As of Mar. 2024)

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What is Guangzhou Jiacheng International Logistics Co Accounts Payable & Accrued Expense?

Guangzhou Jiacheng International Logistics Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥748 Mil) to Dec. 2023 (¥750 Mil) but then declined from Dec. 2023 (¥750 Mil) to Mar. 2024 (¥673 Mil).

Guangzhou Jiacheng International Logistics Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥531 Mil) to Dec. 2022 (¥588 Mil) and increased from Dec. 2022 (¥588 Mil) to Dec. 2023 (¥750 Mil).

Guangzhou Jiacheng International Logistics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangzhou Jiacheng International Logistics 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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Guangzhou Jiacheng International Logistics Co Accounts Payable & Accrued Expense Chart

Guangzhou Jiacheng International Logistics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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451.19

499.69

530.74

588.29

749.91

Guangzhou Jiacheng International Logistics 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															584.34	799.71	747.87	749.91	672.73

Guangzhou Jiacheng International Logistics 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.

Guangzhou Jiacheng International Logistics Co (SHSE:603535) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangzhou Jiacheng International Logistics Co Ltd (SHSE:603535) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

371-375 Huanshi East Road, Room 1602 , South Tower, World Trade Center Building, Guangzhou, CHN, 511442

Website

http://www.jiacheng88.com

Guangzhou Jiacheng International Logistics Co Ltd is an integrated shipping and logistics company. Its main business is to provide third-party integrated logistics services such as procurement logistics, production logistics, sales logistics, reverse logistics, distribution processing and global after-sales service. The company also provides extended services such as merchandise distribution, agency procurement, processing and international trade. In addition, the company designs personalized logistics solutions for e-commerce companies, by using automated logistics equipment and advanced logistics information management system. These services include intelligent storage and handling, packaging, transportation and coordinated distribution and logistics information transmission.

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