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Shandong Chenming Paper Holdings (FRA:SCD1) Accounts Payable & Accrued Expense : €1,466 Mil (As of Mar. 2024)


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What is Shandong Chenming Paper Holdings Accounts Payable & Accrued Expense?

Shandong Chenming Paper Holdings's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,354 Mil) to Dec. 2023 (€1,427 Mil) and increased from Dec. 2023 (€1,427 Mil) to Mar. 2024 (€1,466 Mil).

Shandong Chenming Paper Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (€1,249 Mil) to Dec. 2022 (€1,289 Mil) and increased from Dec. 2022 (€1,289 Mil) to Dec. 2023 (€1,427 Mil).


Shandong Chenming Paper Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Chenming Paper Holdings'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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Shandong Chenming Paper Holdings Accounts Payable & Accrued Expense Chart

Shandong Chenming Paper Holdings 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 1,150.03 1,242.32 1,249.15 1,289.04 1,426.89

Shandong Chenming Paper Holdings 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 1,302.52 1,264.52 1,354.04 1,426.89 1,465.66

Shandong Chenming Paper Holdings 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.


Shandong Chenming Paper Holdings (FRA:SCD1) Business Description

Address
No. 2199 Nongsheng East Road, Shandong Province, Shouguang, CHN, 262705
Shandong Chenming Paper Holdings Ltd is a paper making company. The company's product mix consists of printing paper, packaging paper, office paper, industrial paper and household paper, and various other types of paper mixes. Maximum revenue is derived from the sale of its paper products. The company's segments are Machine-made paper, Financial services, Hotels and property, and other segments. Geographically, it derives a majority of revenue from Mainland China.

Shandong Chenming Paper Holdings (FRA:SCD1) Headlines

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