CITIC Resources Holdings (HKSE:01205) Accounts Payable & Accrued Expense : HK$515 Mil (As of Dec. 2023)

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What is CITIC Resources Holdings Accounts Payable & Accrued Expense?

CITIC Resources Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$458 Mil) to Jun. 2023 (HK$669 Mil) but then declined from Jun. 2023 (HK$669 Mil) to Dec. 2023 (HK$515 Mil).

CITIC Resources Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$479 Mil) to Dec. 2022 (HK$458 Mil) but then increased from Dec. 2022 (HK$458 Mil) to Dec. 2023 (HK$515 Mil).

CITIC Resources Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for CITIC Resources 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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CITIC Resources Holdings Accounts Payable & Accrued Expense Chart

CITIC Resources Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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379.90

327.92

478.53

457.51

515.42

CITIC Resources Holdings 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															478.53	519.60	457.51	669.10	515.42

CITIC Resources 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.

CITIC Resources Holdings (HKSE:01205) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CITIC Resources Holdings Ltd (HKSE:01205) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CTJHY:USA CTJHF:USA CZR:Germany

Address

1 Austin Road West, International Commerce Centre, Suites 6701-02 & 08B, 67th Floor, Kowloon, Hong Kong, HKG

Website

http://www.resources.citic

CITIC Resources Holdings Ltd is a provider of strategic natural resources and key commodities. Its activities are the export of commodity products including aluminum ingots, coal, iron ore, alumina, and copper; and the import of other commodity products and manufactured goods including steel, vehicle, and industrial batteries. It has four operating segments; the aluminum smelting segment comprises the operation of the PAS which sources alumina and produces aluminum ingots, the coal segment comprises the operation of coal mines and the sale of coal, the import and export of commodities segment comprises the import of other commodity products and manufactured goods such as steel, and the crude oil segment comprises the operation of oilfields and the sale of crude oil.

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