COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Accounts Payable & Accrued Expense : ¥3,178 Mil (As of Mar. 2024)

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What is COSCO SHIPPING Specialized Carriers Co Accounts Payable & Accrued Expense?

COSCO SHIPPING Specialized Carriers Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,698 Mil) to Dec. 2023 (¥2,696 Mil) but then increased from Dec. 2023 (¥2,696 Mil) to Mar. 2024 (¥3,178 Mil).

COSCO SHIPPING Specialized Carriers Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,523 Mil) to Dec. 2022 (¥2,918 Mil) but then declined from Dec. 2022 (¥2,918 Mil) to Dec. 2023 (¥2,696 Mil).

COSCO SHIPPING Specialized Carriers Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for COSCO SHIPPING Specialized Carriers 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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COSCO SHIPPING Specialized Carriers Co Accounts Payable & Accrued Expense Chart

COSCO SHIPPING Specialized Carriers Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,689.82

1,886.42

2,523.36

2,917.73

2,695.86

COSCO SHIPPING Specialized Carriers 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															3,929.40	3,822.07	3,697.65	2,695.86	3,178.23

COSCO SHIPPING Specialized Carriers 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.

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Specialized Carriers Co Ltd (SHSE:600428) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 282 Dongjiang Avenue, Free Trade Zone, Kangsheng Building, Guangdong Province, Guangzhou, CHN, 510623

Website

http://www.coscol.com.cn

COSCO Shipping is mainly engaged in the multipurpose shipping business. It also offers specialized shipping services. The company's specialized shipping unit owns semisubmersible ships, heavy-lift ships, roll-on/roll-off vessels, and vehicle carriers. Parent company COSCO owns a 50.13% stake in COSCO Shipping. At the end of December 2010, COSCO Shipping owned 77 ships with a total shipping capacity of 1.3173 million deadweight tons.

Executives

Han Guo Min	senior management
Fang Zhi Wei	Supervisors
Guo Jing	Director
Lin Jing Wei	senior management
Guo Fu Xiang	senior management
Lai Yi Guang	senior management
Tan Jin Song	Director
Du Jun Ming	senior management
Xue Jun Dong	senior management
Jin Li Zuo	Director

COSCO SHIPPING Specialized Carriers Co (SHSE:600428) Headlines

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