China Grand Automotive Services Group Co (SHSE:600297) Accounts Payable & Accrued Expense : ¥15,472 Mil (As of Mar. 2024)

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What is China Grand Automotive Services Group Co Accounts Payable & Accrued Expense?

China Grand Automotive Services Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥17,601 Mil) to Dec. 2023 (¥17,462 Mil) and declined from Dec. 2023 (¥17,462 Mil) to Mar. 2024 (¥15,472 Mil).

China Grand Automotive Services Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥30,039 Mil) to Dec. 2022 (¥23,067 Mil) and declined from Dec. 2022 (¥23,067 Mil) to Dec. 2023 (¥17,462 Mil).

China Grand Automotive Services Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Grand Automotive Services 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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China Grand Automotive Services Group Co Accounts Payable & Accrued Expense Chart

China Grand Automotive Services Group Co Annual Data

Trend

Dec14

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Dec18

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Dec23

Accounts Payable & Accrued Expense

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35,717.20

34,681.01

30,038.89

23,066.65

17,462.03

China Grand Automotive Services 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															19,075.55	18,180.70	17,601.00	17,462.03	15,471.77

China Grand Automotive Services 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.

China Grand Automotive Services Group Co (SHSE:600297) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Grand Automotive Services Group Co Ltd (SHSE:600297) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

3998 Hongjing Road, Baoxin Building, Hongqiao Town, Minhang District, Shanghai, CHN, 201103

Website

http://www.chinagrandauto.com

China Grand Automotive Services Group Co Ltd is a vehicle dealership and automotive services company. It owns and operates vehicle dealership groups in China. It retails new and used as well as spare parts; rents cars; and provides after-sales service. The company is based in Shanghai, China.

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