Daqin Railway Co (SHSE:601006) Accounts Payable & Accrued Expense : ¥11,231 Mil (As of Mar. 2024)

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What is Daqin Railway Co Accounts Payable & Accrued Expense?

Daqin Railway Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥11,513 Mil) to Dec. 2023 (¥12,742 Mil) but then declined from Dec. 2023 (¥12,742 Mil) to Mar. 2024 (¥11,231 Mil).

Daqin Railway Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥14,555 Mil) to Dec. 2022 (¥14,060 Mil) and declined from Dec. 2022 (¥14,060 Mil) to Dec. 2023 (¥12,742 Mil).

Daqin Railway Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Daqin Railway 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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Daqin Railway Co Accounts Payable & Accrued Expense Chart

Daqin Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12,271.98

10,796.58

14,555.46

14,060.41

12,742.05

Daqin Railway 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															11,968.89	18,488.33	11,513.06	12,742.05	11,231.04

Daqin Railway 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.

Daqin Railway Co (SHSE:601006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Daqin Railway Co Ltd (SHSE:601006) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 14 Zhanbei Street, Shanxi, Datong, CHN, 037005

Website

http://www.daqintielu.com

Daqin Railway is a state-owned rail-transport operator in China. The company's core asset, Daqin Line, and its 41%-owned Shuohuang Line, are China's busiest east-west coal railways. Their combined volume accounts for about one quarter of China's railway coal volume. Coal rail-transport contributes the bulk of Daqin's operating profit. Daqin also hauls other bulk and non-bulk freight and provides passenger rail service.

Executives

Yang Hong Ming

Director

Daqin Railway Co (SHSE:601006) Headlines

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