Shandong Hi-Speed Co (SHSE:600350) Accounts Payable & Accrued Expense : ¥19,487 Mil (As of Mar. 2024)

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What is Shandong Hi-Speed Co Accounts Payable & Accrued Expense?

Shandong Hi-Speed Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥15,909 Mil) to Dec. 2023 (¥20,460 Mil) but then declined from Dec. 2023 (¥20,460 Mil) to Mar. 2024 (¥19,487 Mil).

Shandong Hi-Speed Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥15,698 Mil) to Dec. 2022 (¥18,315 Mil) and increased from Dec. 2022 (¥18,315 Mil) to Dec. 2023 (¥20,460 Mil).

Shandong Hi-Speed Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Hi-Speed 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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Shandong Hi-Speed Co Accounts Payable & Accrued Expense Chart

Shandong Hi-Speed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,601.27

9,557.29

15,697.93

18,314.61

20,459.89

Shandong Hi-Speed 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															15,549.74	17,096.86	15,909.38	20,459.89	19,487.10

Shandong Hi-Speed 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.

Shandong Hi-Speed Co (SHSE:600350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shandong Hi-Speed Co Ltd (SHSE:600350) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 5006, Aoti Middle Road, Shandong, Jinan, CHN, 250101

Website

http://www.sdecl.com.cn

Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.

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