China Galaxy Securities Co (STU:CGL) Accounts Payable & Accrued Expense : €25,538 Mil (As of Mar. 2024)

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What is China Galaxy Securities Co Accounts Payable & Accrued Expense?

China Galaxy Securities Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (€15,296 Mil) to Dec. 2023 (€17,114 Mil) and increased from Dec. 2023 (€17,114 Mil) to Mar. 2024 (€25,538 Mil).

China Galaxy Securities Co's annual accounts payable & accrued expense increased from Dec. 2021 (€18,983 Mil) to Dec. 2022 (€19,046 Mil) but then declined from Dec. 2022 (€19,046 Mil) to Dec. 2023 (€17,114 Mil).

China Galaxy Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Galaxy Securities 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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China Galaxy Securities Co Accounts Payable & Accrued Expense Chart

China Galaxy Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10,952.70

13,872.96

18,983.35

19,045.86

17,114.11

China Galaxy Securities Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	17,800.67	15,296.13	17,114.11	25,537.51

China Galaxy Securities 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.

China Galaxy Securities Co (STU:CGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Galaxy Securities Co Ltd (STU:CGL) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CGXYY:USA 06881:Hong Kong CGL:Germany 601881:China

Address

No. 8 Xiying Street, Qinghai Finance Building, Building No. 1, Fengtai District, Beijing, CHN, 100073

Website

https://www.chinastock.com.cn

China Galaxy Securities Co Ltd is an investment holding company. The company's segments include Securities brokerage; Futures business; Proprietary trading and other securities trading services; Investment banking; Asset management; Private equity and alternative investment; Overseas business and others. It generates maximum revenue from the Futures business segment. The Futures business segment engages in futures dealing and broking, futures information consulting and training.

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