GCL New Energy Holdings (HKSE:00451) Accounts Payable & Accrued Expense : HK$571.2 Mil (As of Dec. 2023)

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What is GCL New Energy Holdings Accounts Payable & Accrued Expense?

GCL New Energy Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$1,084.2 Mil) to Jun. 2023 (HK$837.4 Mil) and declined from Jun. 2023 (HK$837.4 Mil) to Dec. 2023 (HK$571.2 Mil).

GCL New Energy Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,540.9 Mil) to Dec. 2022 (HK$1,084.2 Mil) and declined from Dec. 2022 (HK$1,084.2 Mil) to Dec. 2023 (HK$571.2 Mil).

GCL New Energy Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for GCL New Energy 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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GCL New Energy Holdings Accounts Payable & Accrued Expense Chart

GCL New Energy Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,014.38

5,697.81

1,540.92

1,084.23

571.17

GCL New Energy Holdings Semi-Annual Data
	Mar14	Sep14	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															1,540.92	1,195.96	1,084.23	837.42	571.17

GCL New Energy 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.

GCL New Energy Holdings (HKSE:00451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GCL New Energy Holdings Ltd (HKSE:00451) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

SMTLF:USA TJI:Germany

Address

28 Xinqing Road, Industrial Park, GCL New Energy Center, Suzhou, CHN

Website

http://www.gclnewenergy.com

GCL New Energy Holdings Ltd is an investment holding company that engages in the sale of electricity and development, construction, operation, and management of solar power plants. The company generates nearly all of its revenue from China.

Executives

Elite Time Global Limited
Asia Pacific Energy Fund Limited
Credit Suisse Trust Limited
Dongsheng Photovoltaic Technology (hong Kong) Limited
Gcl Technology Holdings Limited
Zhu Gongshan
Zhu Yufeng
Xie Xin Ji Cheng Ke Ji Gu Fen You Xian Gong Si
Invesco Exchange-traded Fund Trust Ii - Invesco Solar Etf	2106 Person having a security interest in shares
Invesco Capital Management Llc	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Shang Hai Qi Xun Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Ying Kou Qi Yin Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Xie Xin Jian She Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Ju Rong Xie Xin Ji Cheng Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you

GCL New Energy Holdings (HKSE:00451) Headlines

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