Tianjin Capital Environmental Protection Group Co (SHSE:600874) Accounts Payable & Accrued Expense : ¥1,713 Mil (As of Mar. 2024)

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What is Tianjin Capital Environmental Protection Group Co Accounts Payable & Accrued Expense?

Tianjin Capital Environmental Protection Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,998 Mil) to Dec. 2023 (¥1,881 Mil) and declined from Dec. 2023 (¥1,881 Mil) to Mar. 2024 (¥1,713 Mil).

Tianjin Capital Environmental Protection Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,540 Mil) to Dec. 2022 (¥1,555 Mil) and increased from Dec. 2022 (¥1,555 Mil) to Dec. 2023 (¥1,881 Mil).

Tianjin Capital Environmental Protection Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tianjin Capital Environmental Protection 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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Tianjin Capital Environmental Protection Group Co Accounts Payable & Accrued Expense Chart

Tianjin Capital Environmental Protection Group Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,917.60

1,393.21

1,540.10

1,555.39

1,880.74

Tianjin Capital Environmental Protection 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															1,374.60	1,537.51	1,997.70	1,880.74	1,713.33

Tianjin Capital Environmental Protection 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.

Tianjin Capital Environmental Protection Group Co (SHSE:600874) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tianjin Capital Environmental Protection Group Co Ltd (SHSE:600874) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

01065:Hong Kong TIA:Germany

Address

No. 76, Weijin South Road, 12th Floor, TCEP Building, Nankai District, Tianjin, CHN, 300381

Website

https://www.tjcep.com

Tianjin Capital Environmental Protection Group Co Ltd is a Chinese company mainly engaged in water utility business, new energy cooling and heating supply business. It provides sewage water treatment, construction and management of the related facility, the supply of tap water, recycled water. The company also provides a heating and cooling supply service which includes design, construction, operations, and transfer of centralized heating and cooling infrastructures, and provision of heating and cooling services. The company manages is business mainly in five segments; Sewage processing and facility, recycled water and pipeline connection, heating and cooling services, tap water operations and sale of environmental protection equipment. The company earns majority of its revenue from China.

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