Harbin Electric Co (FRA:HP6H) Accounts Payable & Accrued Expense : €2,214 Mil (As of Dec. 2023)

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What is Harbin Electric Co Accounts Payable & Accrued Expense?

Harbin Electric Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (€2,021 Mil) to Jun. 2023 (€2,320 Mil) but then declined from Jun. 2023 (€2,320 Mil) to Dec. 2023 (€2,214 Mil).

Harbin Electric Co's annual accounts payable & accrued expense declined from Dec. 2021 (€2,055 Mil) to Dec. 2022 (€2,021 Mil) but then increased from Dec. 2022 (€2,021 Mil) to Dec. 2023 (€2,214 Mil).

Harbin Electric Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Harbin Electric 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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Harbin Electric Co Accounts Payable & Accrued Expense Chart

Harbin Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,651.33

1,742.13

2,054.91

2,021.14

2,214.18

Harbin Electric Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,054.91	2,286.53	2,021.14	2,319.82	2,214.18

Harbin Electric 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.

Harbin Electric Co (FRA:HP6H) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Harbin Electric Co Ltd (FRA:HP6H) » Definitions » Accounts Payable & Accrued Expense

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01133:Hong Kong

Address

1399 Chuangxinyi Road, Songbei District, Heilongjiang Province, Harbin, CHN, 150028

Website

https://www.hpec.com

Harbin Electric Co Ltd is a China-based manufacturer of power plant equipment. The company operates in six segments: Thermal power equipment, Hydropower equipment, Power station engineering services, Power station auxiliary equipment and ancillary products, Nuclear products, AC & DC motors, and others. Some of its products are grade boilers, steam turbines, steam turbine generators, voltage stabilizers, gasifiers, nuclear main pump motors, passive surplus drains, petrochemical vessels & axial fans, and power station auxiliary equipment. Its geographical segments are China, which accounts for the majority of revenue; Pakistan; the United Arab Emirates; Ecuador; Iraq; and other countries.

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