Poly Developments and Holdings Group Co (SHSE:600048) Accounts Payable & Accrued Expense : ¥289,141 Mil (As of Mar. 2024)

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What is Poly Developments and Holdings Group Co Accounts Payable & Accrued Expense?

Poly Developments and Holdings Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥257,636 Mil) to Dec. 2023 (¥328,637 Mil) but then declined from Dec. 2023 (¥328,637 Mil) to Mar. 2024 (¥289,141 Mil).

Poly Developments and Holdings Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥300,738 Mil) to Dec. 2022 (¥311,634 Mil) and increased from Dec. 2022 (¥311,634 Mil) to Dec. 2023 (¥328,637 Mil).

Poly Developments and Holdings Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Poly Developments and Holdings 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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Poly Developments and Holdings Group Co Accounts Payable & Accrued Expense Chart

Poly Developments and Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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204,491.73

288,791.62

300,738.01

311,633.62

328,636.91

Poly Developments and Holdings Group Co 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															265,593.40	257,458.20	257,635.66	328,636.91	289,140.58

Poly Developments and Holdings 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.

Poly Developments and Holdings Group Co (SHSE:600048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Poly Developments and Holdings Group Co Ltd (SHSE:600048) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

No. 688 Yuejiang Middle Road, Poly International Square North Tower, 30-33 Layer, Haizhu District, Guangdong Province, Guangzhou, CHN, 510308

Website

http://www.polycn.com

Poly Developments and Holdings is a large real estate developer in China. It is ranked number five by sales value among all Chinese developers in 2019. It has over 600 projects across 100 cities. Property development accounts for 95% of earnings, with property investments and finance income contributing the rest. The company is a subsidiary of China Poly Group, a prominent central-government-controlled state-owned enterprise with ties to the military. China Poly Group holds an aggregate controlling stake of 41% in the company.

Executives

Zhou Dong Li	Directors, senior managers
Huang Hai	senior management
Zhang Yan Hua	senior management
Liu Wen Sheng	senior management
Kong Jun Feng	Supervisors
Pan Zhi Hua	senior management
Liu Ying Chuan	senior management
Zhang Wei	senior management
Liu Ping	Director
Wang Quan Liang	senior management
Hu Zai Xin	senior management
Zhang Wan Shun	Director
Chen Dong Ju	senior management
Wang Jian	senior management
Song Guang Ju	Director

Poly Developments and Holdings Group Co (SHSE:600048) Headlines

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