Chongqing Water Group Co (SHSE:601158) Accounts Payable & Accrued Expense : ¥4,417 Mil (As of Mar. 2024)

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What is Chongqing Water Group Co Accounts Payable & Accrued Expense?

Chongqing Water Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥4,585 Mil) to Dec. 2023 (¥3,697 Mil) but then increased from Dec. 2023 (¥3,697 Mil) to Mar. 2024 (¥4,417 Mil).

Chongqing Water Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥4,858 Mil) to Dec. 2022 (¥5,257 Mil) but then declined from Dec. 2022 (¥5,257 Mil) to Dec. 2023 (¥3,697 Mil).

Chongqing Water Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chongqing Water 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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Chongqing Water Group Co Accounts Payable & Accrued Expense Chart

Chongqing Water Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,759.80

3,217.53

4,858.27

5,256.79

3,696.73

Chongqing Water 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															4,956.62	5,325.13	4,584.62	3,696.73	4,416.75

Chongqing Water 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.

Chongqing Water Group Co (SHSE:601158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chongqing Water Group Co Ltd (SHSE:601158) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Number 1 Longjiawan, Yuzhong District, Chongqing, CHN, 400015

Website

http://www.cncqsw.com

Chongqing Water Group Co Ltd engages in water supply, sewage treatment, engineering construction, and other businesses in China. The company also constructs, operates, and maintains drainage facilities; and collects, treats, and discharges domestic sewage, industrial and commercial sewage, rainwater, and other sewage from the urban sewage pipe network, as well as treats sewage in rivers.

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