China Railway Signalmmunication (HKSE:03969) Accounts Payable & Accrued Expense : HK$59,050 Mil (As of Dec. 2023)

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What is China Railway Signalmmunication Accounts Payable & Accrued Expense?

China Railway Signalmmunication's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$60,119 Mil) to Sep. 2023 (HK$55,142 Mil) but then increased from Sep. 2023 (HK$55,142 Mil) to Dec. 2023 (HK$59,050 Mil).

China Railway Signalmmunication's annual accounts payable & accrued expense declined from Dec. 2021 (HK$60,695 Mil) to Dec. 2022 (HK$60,065 Mil) and declined from Dec. 2022 (HK$60,065 Mil) to Dec. 2023 (HK$59,050 Mil).

China Railway Signalmmunication Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Railway Signalmmunication'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 Railway Signalmmunication Accounts Payable & Accrued Expense Chart

China Railway Signalmmunication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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47,647.55

57,584.12

60,695.11

60,065.37

59,050.03

China Railway Signalmmunication Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															60,065.37	60,118.73	55,141.98	59,050.03	-

China Railway Signalmmunication 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 Railway Signalmmunication (HKSE:03969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway Signal & Communication Corp Ltd (HKSE:03969) » Definitions » Accounts Payable & Accrued Expense

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CRYCY:USA 688009:China

Address

Automobile Museum South Road, CRSC Building, 1 Compound, Fengtai District, 20th Floor, Beijing, CHN, 100070

Website

http://www.crsc.cn

China Railway Signal & Communication Corp Ltd provides products and services on the entire industrial chain of rail transit control systems. The company's operating segments are the rail transportation control system segment which provides specialized three-in-one services of design and integration, equipment manufacturing, and system implementation services for rail transportation control systems, General project contracting segment engages in the provision of services relating to municipal and other construction projects, other segments mainly engage in trading. The firm generates a majority of its revenue from the rail transportation control system segment.

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