Shanghai Zhenhua Heavy Industries Co (SHSE:900947) Accounts Payable & Accrued Expense : $2,019 Mil (As of Mar. 2024)

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What is Shanghai Zhenhua Heavy Industries Co Accounts Payable & Accrued Expense?

Shanghai Zhenhua Heavy Industries Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($2,119 Mil) to Dec. 2023 ($2,176 Mil) but then declined from Dec. 2023 ($2,176 Mil) to Mar. 2024 ($2,019 Mil).

Shanghai Zhenhua Heavy Industries Co's annual accounts payable & accrued expense increased from Dec. 2021 ($1,843 Mil) to Dec. 2022 ($2,044 Mil) and increased from Dec. 2022 ($2,044 Mil) to Dec. 2023 ($2,176 Mil).

Shanghai Zhenhua Heavy Industries Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Zhenhua Heavy Industries 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 Zhenhua Heavy Industries Co Accounts Payable & Accrued Expense Chart

Shanghai Zhenhua Heavy Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,778.83

1,866.45

1,843.24

2,043.58

2,175.80

Shanghai Zhenhua Heavy Industries 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															1,802.17	2,291.11	2,119.07	2,175.80	2,019.32

Shanghai Zhenhua Heavy Industries 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 Zhenhua Heavy Industries Co (SHSE:900947) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhenhua Heavy Industries Co Ltd (SHSE:900947) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

600320:China

Address

No.3470, Pudong South Road, Shanghai, CHN, 200125

Website

http://www.zpmc.com

Shanghai Zhenhua Heavy Industries Co Ltd manufactures heavy equipment and offers product design and aftermarket services. It constructs large port loading systems and equipment, offshore heavy equipment, engineering machinery, ships, and other large structures. In addition, the company offers environment-friendly devices, including wind power, sea water desalination, sewage treatment, and recycling equipment. Research centers and technologies help meet customers' needs, and provide innovative solutions to enhance operational performance. Offices with regional parts are scattered across the globe to supply timely responses and support preventive maintenance. The majority of total revenue comes from Asia, but the company has diversified operations to several continents.

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