New Dazheng Property Group Co (SZSE:002968) Accounts Payable & Accrued Expense : ¥648 Mil (As of Mar. 2024)

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What is New Dazheng Property Group Co Accounts Payable & Accrued Expense?

New Dazheng Property Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥613 Mil) to Dec. 2023 (¥715 Mil) but then declined from Dec. 2023 (¥715 Mil) to Mar. 2024 (¥648 Mil).

New Dazheng Property Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥388 Mil) to Dec. 2022 (¥446 Mil) and increased from Dec. 2022 (¥446 Mil) to Dec. 2023 (¥715 Mil).

New Dazheng Property Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for New Dazheng Property Group 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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New Dazheng Property Group Co Accounts Payable & Accrued Expense Chart

New Dazheng Property Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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208.49

340.62

388.32

446.21

715.41

New Dazheng Property Group 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															444.13	466.67	613.31	715.41	647.72

New Dazheng Property Group 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.

New Dazheng Property Group Co (SZSE:002968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Dazheng Property Group Co Ltd (SZSE:002968) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

19th floor, No. 9 Shangqingsi Road, Yuzhong District, Chongqing, CHN

Website

https://www.dzwy.com

Chongqing new dazheng property group Co Ltd is engaged in management and operation of public buildings and facilities in China. Its portfolio includes public parks, medical care, parks, stadiums, subways, airports, government agencies, office buildings, schools, residences, shopping malls, among others.

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