China Eastern Airlines (HKSE:00670) Accounts Payable & Accrued Expense : HK$24,271 Mil (As of Mar. 2024)

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What is China Eastern Airlines Accounts Payable & Accrued Expense?

China Eastern Airlines's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$25,887 Mil) to Dec. 2023 (HK$26,562 Mil) but then declined from Dec. 2023 (HK$26,562 Mil) to Mar. 2024 (HK$24,271 Mil).

China Eastern Airlines's annual accounts payable & accrued expense declined from Dec. 2021 (HK$25,089 Mil) to Dec. 2022 (HK$21,680 Mil) but then increased from Dec. 2022 (HK$21,680 Mil) to Dec. 2023 (HK$26,562 Mil).

China Eastern Airlines Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Eastern Airlines'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 Eastern Airlines Accounts Payable & Accrued Expense Chart

China Eastern Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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28,863.64

28,707.62

25,089.34

21,679.90

26,562.42

China Eastern Airlines 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															28,932.75	26,775.75	25,886.54	26,562.42	24,271.23

China Eastern Airlines 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 Eastern Airlines (HKSE:00670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Eastern Airlines Corp Ltd (HKSE:00670) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CHEAF:USA CIAH:Germany 600115:China

Address

36 Hongxiang 3rd Road, 5th Floor, Block A2, CEA Building, Northern District, Minhang District, Shanghai, CHN, 201100

Website

https://www.ceair.com

China Eastern Airlines is based in Shanghai and is one of the three largest state-owned airlines in China. The group operated a fleet of 778 aircraft as of 2022 and carried more than 130 million passengers in prepandemic 2019. It runs a hub-and-spoke model under which it gathers and distributes passengers from air hubs like Shanghai, Beijing, Xi'an, and Kunming. The group's route network extends to over 220 destinations and 40 countries and regions.

Executives

Dong Hang Guo Ji Kong Gu Xiang Gang You Xian Gong Si	2101 Beneficial owner
Zhong Guo Dong Fang Hang Kong Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Junjin	2201 Interest of corporation controlled by you
Wang Han	2201 Interest of corporation controlled by you
Ye Jinqi	2202 Interest of your spouse
Dong Fang Hang Kong Ji Tuan You Xian Gong Si
Shang Hai Ji Xiang Hang Kong Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Jun Yao Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Ji Xiang Hang Kong Xiang Gang You Xian Gong Si	2101 Beneficial owner

China Eastern Airlines (HKSE:00670) Headlines

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