Shenzhen Properties & Resources Development (Group) (SZSE:000011) Accounts Payable & Accrued Expense : ¥5,697 Mil (As of Mar. 2024)

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What is Shenzhen Properties & Resources Development (Group) Accounts Payable & Accrued Expense?

Shenzhen Properties & Resources Development (Group)'s quarterly accounts payable & accrued expense increased from Sep. 2023 (¥6,020 Mil) to Dec. 2023 (¥6,126 Mil) but then declined from Dec. 2023 (¥6,126 Mil) to Mar. 2024 (¥5,697 Mil).

Shenzhen Properties & Resources Development (Group)'s annual accounts payable & accrued expense increased from Dec. 2021 (¥4,927 Mil) to Dec. 2022 (¥6,280 Mil) but then declined from Dec. 2022 (¥6,280 Mil) to Dec. 2023 (¥6,126 Mil).

Shenzhen Properties & Resources Development (Group) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenzhen Properties & Resources Development (Group)'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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Shenzhen Properties & Resources Development (Group) Accounts Payable & Accrued Expense Chart

Shenzhen Properties & Resources Development (Group) Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,468.57

3,979.82

4,926.73

6,279.77

6,125.92

Shenzhen Properties & Resources Development (Group) 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															5,984.83	6,320.12	6,019.68	6,125.92	5,696.85

Shenzhen Properties & Resources Development (Group) 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.

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Properties & Resources Development (Group) Ltd (SZSE:000011) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

200011:China

Address

Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014

Website

http://www.szwuye.com.cn

Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Headlines

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