Shanghai Zhonggu Logistics Co (SHSE:603565) Accounts Payable & Accrued Expense : ¥3,192 Mil (As of Mar. 2025)

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What is Shanghai Zhonggu Logistics Co Accounts Payable & Accrued Expense?

Shanghai Zhonggu Logistics Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥3,511 Mil) to Dec. 2024 (¥3,388 Mil) and declined from Dec. 2024 (¥3,388 Mil) to Mar. 2025 (¥3,192 Mil).

Shanghai Zhonggu Logistics Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥3,576 Mil) to Dec. 2023 (¥3,531 Mil) and declined from Dec. 2023 (¥3,531 Mil) to Dec. 2024 (¥3,388 Mil).

Shanghai Zhonggu Logistics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Zhonggu 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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Shanghai Zhonggu Logistics Co Accounts Payable & Accrued Expense Chart

Shanghai Zhonggu Logistics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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2,223.58

3,032.28

3,575.99

3,530.96

3,388.43

Shanghai Zhonggu Logistics Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,568.63	3,677.22	3,511.35	3,388.43	3,191.74

Shanghai Zhonggu 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.

Shanghai Zhonggu Logistics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Zhonggu Logistics Co Ltd (SHSE:603565) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 3261, Dongfang Road, 15th Floor, Block B, Building 1, Pudong New Area, Shanghai, CHN, 200125

Website

https://www.zhonggu56.com

Shanghai Zhonggu Logistics Co Ltd is engaged in providing customers with customized and cost-effective door-to-door full container logistics solutions. The company has SQ boxes, coal boxes, special boxes, freezer boxes and other types of boxes, and more than 10,000 types of transport products. In addition to water transportation, the company integrates railways, highways and other resources. It provides a full range of multimodal transportation services such as sea-land transportation, river-sea transportation, water-water transfer, sea-rail transportation and cold chain transportation services.

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