Guangzhou Baiyun Electric Equipment Co (SHSE:603861) Accounts Payable & Accrued Expense : ¥3,498 Mil (As of Sep. 2024)

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What is Guangzhou Baiyun Electric Equipment Co Accounts Payable & Accrued Expense?

Guangzhou Baiyun Electric Equipment Co's quarterly accounts payable & accrued expense increased from Mar. 2024 (¥3,166 Mil) to Jun. 2024 (¥3,344 Mil) and increased from Jun. 2024 (¥3,344 Mil) to Sep. 2024 (¥3,498 Mil).

Guangzhou Baiyun Electric Equipment Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,676 Mil) to Dec. 2022 (¥2,839 Mil) and increased from Dec. 2022 (¥2,839 Mil) to Dec. 2023 (¥3,146 Mil).

Guangzhou Baiyun Electric Equipment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangzhou Baiyun Electric Equipment 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 Baiyun Electric Equipment Co Accounts Payable & Accrued Expense Chart

Guangzhou Baiyun Electric Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,878.42

2,207.43

2,675.99

2,839.02

3,145.88

Guangzhou Baiyun Electric Equipment Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,205.40	3,145.88	3,166.38	3,344.21	3,498.42

Guangzhou Baiyun Electric Equipment 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 Baiyun Electric Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Baiyun Electric Equipment Co Ltd (SHSE:603861) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.18 Daling South Road, Shenshan Industrial Zone, Jianggao Town, Baiyun District, Guangzhou, CHN, 510460

Website

http://www.bydq.com

Guangzhou Baiyun Electric Equipment Co Ltd engages in the research, development, manufacture, and sales of high and low voltage switchgear assemblies and components. Its products include gas-insulated substation integrated electric equipment, high and low voltage assembly, direct current traction, low voltage components, prefabricated transformer substation, and intelligent products. Its products are used in rail transit, grid, power generation, metallurgy of iron and steel, petroleum, paper, automotive, nuclear power, municipal facilities, building, and other fields.

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