Ningbo Zhoushan Port Co (SHSE:601018) Accounts Payable & Accrued Expense : ¥5,879 Mil (As of Mar. 2024)

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What is Ningbo Zhoushan Port Co Accounts Payable & Accrued Expense?

Ningbo Zhoushan Port Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥6,690 Mil) to Dec. 2023 (¥6,966 Mil) but then declined from Dec. 2023 (¥6,966 Mil) to Mar. 2024 (¥5,879 Mil).

Ningbo Zhoushan Port Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥5,047 Mil) to Dec. 2022 (¥7,696 Mil) but then declined from Dec. 2022 (¥7,696 Mil) to Dec. 2023 (¥6,966 Mil).

Ningbo Zhoushan Port Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningbo Zhoushan Port 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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Ningbo Zhoushan Port Co Accounts Payable & Accrued Expense Chart

Ningbo Zhoushan Port Co Annual Data

Trend

Dec14

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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5,119.98

5,738.82

5,047.23

7,696.48

6,965.75

Ningbo Zhoushan Port 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															6,397.18	6,848.26	6,690.19	6,965.75	5,879.11

Ningbo Zhoushan Port 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.

Ningbo Zhoushan Port Co (SHSE:601018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ningbo Zhoushan Port Co Ltd (SHSE:601018) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

No. 269, Ningdong Road, No. 1-4, Ningbo Global Shipping Plaza, Jiangdong District, Zhejiang Province, Ningbo, CHN, 315800

Website

https://www.nbport.com.cn

Ningbo Zhoushan Port Co Ltd operates in the ports of Ningbo and Zhoushan, China. The Company handles containers, minerals, crude oil, liquid chemical products and other goods. The company also provides port leasing, ship agency and logistics services.

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