Sunac China Holdings (Sunac China Holdings) Accounts Payable & Accrued Expense : $55,966 Mil (As of Dec. 2023)

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What is Sunac China Holdings Accounts Payable & Accrued Expense?

Sunac China Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 ($51,872 Mil) to Jun. 2023 ($52,444 Mil) and increased from Jun. 2023 ($52,444 Mil) to Dec. 2023 ($55,966 Mil).

Sunac China Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($56,588 Mil) to Dec. 2022 ($51,872 Mil) but then increased from Dec. 2022 ($51,872 Mil) to Dec. 2023 ($55,966 Mil).

Sunac China Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sunac China Holdings'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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Sunac China Holdings Accounts Payable & Accrued Expense Chart

Sunac China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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34,702.25

48,668.42

56,588.20

51,871.63

55,965.56

Sunac China Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															56,588.20	55,446.78	51,871.63	52,443.51	55,965.56

Sunac China Holdings 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.

Sunac China Holdings (Sunac China Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac China Holdings Ltd (GREY:SNCNQ) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

01918:Hong Kong SCNR:Germany

Address

No.278, Hongqi Road, Building 1, East Side in Hopsca Center International, Nankai District, Tianjin, CHN, 300381

Website

https://www.sunac.com.cn

Property developer Sunac China commenced operations in 2003 and listed on the Hong Kong exchange in 2010. Based in Tianjin, Sunac is geographically well diversified across China like many large-scale listed PRC developers, and into major cities including Shanghai, Beijing, Guangzhou, Shenzhen and Hainan. Sunac is founded by Sun Hongbin, major shareholder and chairman of the company that previously established Sunco Group and adopted a high leverage strategy, which Sunac also then embraced. On top of aggressive asset expansion in recent years, the significant acquisition of a stake in non-related business Leshi Internet, as well as the landmark portfolio acquisition of Dalian Wanda theme park assets on the back of a highly leveraged balance sheet, have also garnered much market attention.

Sunac China Holdings (Sunac China Holdings) Headlines

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