Guangdong Zhongnan Iron & Steel Co (SZSE:000717) Accounts Payable & Accrued Expense : ¥7,807 Mil (As of Mar. 2024)

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What is Guangdong Zhongnan Iron & Steel Co Accounts Payable & Accrued Expense?

Guangdong Zhongnan Iron & Steel Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥7,781 Mil) to Dec. 2023 (¥8,109 Mil) but then declined from Dec. 2023 (¥8,109 Mil) to Mar. 2024 (¥7,807 Mil).

Guangdong Zhongnan Iron & Steel Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥5,377 Mil) to Dec. 2022 (¥7,185 Mil) and increased from Dec. 2022 (¥7,185 Mil) to Dec. 2023 (¥8,109 Mil).

Guangdong Zhongnan Iron & Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangdong Zhongnan Iron & Steel 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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Guangdong Zhongnan Iron & Steel Co Accounts Payable & Accrued Expense Chart

Guangdong Zhongnan Iron & Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,289.43

5,472.21

5,376.56

7,185.35

8,109.32

Guangdong Zhongnan Iron & Steel 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															8,121.72	7,636.95	7,781.13	8,109.32	7,806.97

Guangdong Zhongnan Iron & Steel 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.

Guangdong Zhongnan Iron & Steel Co (SZSE:000717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Guangdong Zhongnan Iron & Steel Co Ltd (SZSE:000717) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Shaogang Office Building, Qujiang District, Maba, Guangdong Province, Shaoguan, CHN, 512123

Website

http://www.sgss.com.cn

Guangdong Zhongnan Iron & Steel Co Ltd is engaged in the manufacturing, processing, and sales of steel and metallurgical products, metal products, coke, coal chemical products, technology development, transfer, introduction and consulting services.

Executives

Cai Jian Qun	Supervisors
Deng Yong	Supervisors
Wu Jian Ping	Executives
Shou Yao Ming	Executives
He Ping Chang	Supervisors
He Shi Qiang	Director
Lu Xue Yun	Director
Wang San Wu	Directors, executives
Chen Jian Ju	Supervisors

Guangdong Zhongnan Iron & Steel Co (SZSE:000717) Headlines

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