Luzhou Xinglu Water (Group) Co (HKSE:02281) Accounts Payable & Accrued Expense : HK$760 Mil (As of Dec. 2023)

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What is Luzhou Xinglu Water (Group) Co Accounts Payable & Accrued Expense?

Luzhou Xinglu Water (Group) Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$768 Mil) to Jun. 2023 (HK$723 Mil) but then increased from Jun. 2023 (HK$723 Mil) to Dec. 2023 (HK$760 Mil).

Luzhou Xinglu Water (Group) Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$974 Mil) to Dec. 2022 (HK$768 Mil) and declined from Dec. 2022 (HK$768 Mil) to Dec. 2023 (HK$760 Mil).

Luzhou Xinglu Water (Group) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luzhou Xinglu Water (Group) Co'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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Luzhou Xinglu Water (Group) Co Accounts Payable & Accrued Expense Chart

Luzhou Xinglu Water (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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948.21

995.03

973.97

767.75

759.72

Luzhou Xinglu Water (Group) Co Semi-Annual Data
	Dec13	Dec14	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														973.97	816.60	767.75	722.69	759.72

Luzhou Xinglu Water (Group) Co 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.

Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luzhou Xinglu Water (Group) Co Ltd (HKSE:02281) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN

Website

http://www.lzss.com

Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Fei Zhanbo	2201 Interest of corporation controlled by you
Xin Tian Zhi Neng Xiang Gang You Xian Gong Si	2101 Beneficial owner
Xin Tian Ke Ji Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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