Changzheng Engineering Technology Co (SHSE:603698) Accounts Payable & Accrued Expense : ¥1,298 Mil (As of Mar. 2024)

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What is Changzheng Engineering Technology Co Accounts Payable & Accrued Expense?

Changzheng Engineering Technology Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,215 Mil) to Dec. 2023 (¥1,414 Mil) but then declined from Dec. 2023 (¥1,414 Mil) to Mar. 2024 (¥1,298 Mil).

Changzheng Engineering Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,008 Mil) to Dec. 2022 (¥1,104 Mil) and increased from Dec. 2022 (¥1,104 Mil) to Dec. 2023 (¥1,414 Mil).

Changzheng Engineering Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Changzheng Engineering Technology 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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Changzheng Engineering Technology Co Accounts Payable & Accrued Expense Chart

Changzheng Engineering Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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623.83

744.17

1,007.59

1,103.69

1,413.75

Changzheng Engineering Technology 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															1,144.39	1,173.56	1,215.21	1,413.75	1,298.43

Changzheng Engineering Technology 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.

Changzheng Engineering Technology Co (SHSE:603698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Changzheng Engineering Technology Co Ltd (SHSE:603698) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 141, Jinghai 4th Road, Beijing Economic and Technological Development Zone, Ludong District, Beijing, CHN, 101111

Website

http://www.china-acce.com

Changzheng Engineering Co Ltd is the National Technology Engineering Research Center for Pulverized Coal Pressurized Gasification in the industry. The company provides various services such as Simulation training, Driving service, Zero inventory service, Remote service, and others. Its project construction involves Ruixing Project, Xinjiang Manais 40/60 project, Ammonia plant with 300 thousand tons/year of Anhui Haoyuan Chemical Company, and others.

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