China Communications Services (HKSE:00552) Accounts Payable & Accrued Expense : HK$71,522 Mil (As of Dec. 2023)

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What is China Communications Services Accounts Payable & Accrued Expense?

China Communications Services's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$60,781 Mil) to Jun. 2023 (HK$70,725 Mil) and increased from Jun. 2023 (HK$70,725 Mil) to Dec. 2023 (HK$71,522 Mil).

China Communications Services's annual accounts payable & accrued expense increased from Dec. 2021 (HK$55,843 Mil) to Dec. 2022 (HK$60,781 Mil) and increased from Dec. 2022 (HK$60,781 Mil) to Dec. 2023 (HK$71,522 Mil).

China Communications Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Communications Services'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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China Communications Services Accounts Payable & Accrued Expense Chart

China Communications Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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44,176.15

51,094.06

55,842.86

60,781.14

71,521.60

China Communications Services 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															55,842.86	63,338.51	60,781.14	70,725.34	71,521.60

China Communications Services 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.

China Communications Services (HKSE:00552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Communications Services Corp Ltd (HKSE:00552) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CUCSF:USA CMW:Germany

Address

Fenghuangzui Street, Block No. 1, Compound No. 1, Fengtai District, Beijing, CHN, 100073

Website

https://www.chinaccs.com.hk

China Communications Services Corp Ltd is active in the technology sector. It provides integrated comprehensive solutions for the informatization and digitalization sector. It provides integrated solutions, including telecommunications infrastructure services, business process outsourcing services as well as applications, content, and other services to telecommunications operators, government agencies, industrial customers, and small-and-medium enterprises.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Blackrock, Inc.	2201 Interest of corporation controlled by you
Kopernik Global Investors Llc	2102 Investment manager
Citigroup Inc.	2502 Approved lending agent
Hermes Investment Management Ltd	2102 Investment manager

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