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XCMG Construction Machinery Co (SZSE:000425) Accounts Payable & Accrued Expense : ¥51,835 Mil (As of Mar. 2024)


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What is XCMG Construction Machinery Co Accounts Payable & Accrued Expense?

XCMG Construction Machinery Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥54,351 Mil) to Dec. 2023 (¥49,989 Mil) but then increased from Dec. 2023 (¥49,989 Mil) to Mar. 2024 (¥51,835 Mil).

XCMG Construction Machinery Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥66,127 Mil) to Dec. 2022 (¥56,677 Mil) and declined from Dec. 2022 (¥56,677 Mil) to Dec. 2023 (¥49,989 Mil).


XCMG Construction Machinery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for XCMG Construction Machinery 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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XCMG Construction Machinery Co Accounts Payable & Accrued Expense Chart

XCMG Construction Machinery Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,288.40 36,566.63 66,127.29 56,676.83 49,989.32

XCMG Construction Machinery 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58,423.56 57,758.34 54,351.50 49,989.32 51,834.55

XCMG Construction Machinery 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.


XCMG Construction Machinery Co (SZSE:000425) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Mountain Road, Economic and Technological Development Zone, Jinshanqiao, Jiangsu, Xuzhou, CHN, 221004
XCMG Construction Machinery Co Ltd is engaged in tech development, manufacturing and distribution of mainframes and hydraulic pressure parts in China. Its products include hoisting machinery, shovel machinery, compaction machinery, concrete machinery, road machinery, pile construction machinery, firefighting machinery, and construction machinery spare parts. The company distributes its products within domestic market and to overseas markets.

XCMG Construction Machinery Co (SZSE:000425) Headlines

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