CRCC High-Tech Equipment (HKSE:01786) Accounts Payable & Accrued Expense : HK$3,092 Mil (As of Dec. 2023)

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What is CRCC High-Tech Equipment Accounts Payable & Accrued Expense?

CRCC High-Tech Equipment's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$2,400 Mil) to Jun. 2023 (HK$3,174 Mil) but then declined from Jun. 2023 (HK$3,174 Mil) to Dec. 2023 (HK$3,092 Mil).

CRCC High-Tech Equipment's annual accounts payable & accrued expense increased from Dec. 2021 (HK$2,338 Mil) to Dec. 2022 (HK$2,400 Mil) and increased from Dec. 2022 (HK$2,400 Mil) to Dec. 2023 (HK$3,092 Mil).

CRCC High-Tech Equipment Accounts Payable & Accrued Expense Historical Data

The historical data trend for CRCC High-Tech Equipment'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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CRCC High-Tech Equipment Accounts Payable & Accrued Expense Chart

CRCC High-Tech Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,055.56

1,808.35

2,338.24

2,399.60

3,092.24

CRCC High-Tech Equipment Semi-Annual Data
	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														2,338.24	1,493.60	2,399.60	3,173.59	3,092.24

CRCC High-Tech Equipment 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.

CRCC High-Tech Equipment (HKSE:01786) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CRCC High-Tech Equipment Corporation Ltd (HKSE:01786) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 384, Yangfangwang, Jinma Town, Yunnan Province, Kunming, CHN

Website

http://www.crcce.com.cn

CRCC High-Tech Equipment Corporation Ltd is engaged in the manufacture of products in the large-scale railway track maintenance machinery industry and the provision of related services. Its revenues are generated from manufacturing and sales of machines, parts, components sales and services, overhaul services, and railway line maintenance services. Geographically, the majority of its revenue derives from China.

CRCC High-Tech Equipment (HKSE:01786) Headlines

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