Chongqing Road & Bridge Co (SHSE:600106) Accounts Payable & Accrued Expense : ¥14.4 Mil (As of Mar. 2024)

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What is Chongqing Road & Bridge Co Accounts Payable & Accrued Expense?

Chongqing Road & Bridge Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥16.6 Mil) to Dec. 2023 (¥31.9 Mil) but then declined from Dec. 2023 (¥31.9 Mil) to Mar. 2024 (¥14.4 Mil).

Chongqing Road & Bridge Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥25.7 Mil) to Dec. 2022 (¥39.3 Mil) but then declined from Dec. 2022 (¥39.3 Mil) to Dec. 2023 (¥31.9 Mil).

Chongqing Road & Bridge Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chongqing Road & Bridge 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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Chongqing Road & Bridge Co Accounts Payable & Accrued Expense Chart

Chongqing Road & Bridge Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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31.72

43.17

25.74

39.34

31.86

Chongqing Road & Bridge 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															33.67	78.11	16.61	31.86	14.40

Chongqing Road & Bridge 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.

Chongqing Road & Bridge Co (SHSE:600106) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chongqing Road & Bridge Co Ltd (SHSE:600106) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 11 Danlong Road, Economic and Technological Development Zone, Nanping District, Chongqing, CHN, 400060

Website

http://www.cqrb.com.cn

Chongqing Road & Bridge Co Ltd is engaged in the operation of road and bridge management, as well as engineering construction businesses. It operates, maintains and manages Shibanpo Yangtze River Bridge, Shimen Jialing River Bridge, Jiahua Jialing River Bridge and Changshou Lake Tourism Special Highway. The company is also involved in the construction of bridges, roads, and infrastructures, the development of real estates, as well as the construction of software industrial parks through its subsidiaries.

Executives

Zhang Man	Director
Jia Lin	senior management

Chongqing Road & Bridge Co (SHSE:600106) Headlines

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