Guolian Securities Co (SHSE:601456) Accounts Payable & Accrued Expense : ¥9,681 Mil (As of Mar. 2024)

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What is Guolian Securities Co Accounts Payable & Accrued Expense?

Guolian Securities Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥10,687 Mil) to Dec. 2023 (¥9,909 Mil) and declined from Dec. 2023 (¥9,909 Mil) to Mar. 2024 (¥9,681 Mil).

Guolian Securities Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥12,624 Mil) to Dec. 2022 (¥11,215 Mil) and declined from Dec. 2022 (¥11,215 Mil) to Dec. 2023 (¥9,909 Mil).

Guolian Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guolian Securities 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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Guolian Securities Co Accounts Payable & Accrued Expense Chart

Guolian Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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8,658.80

10,057.04

12,623.74

11,215.00

9,909.21

Guolian Securities Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	13,697.74	10,686.54	9,909.21	9,680.83

Guolian Securities 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.

Guolian Securities Co (SHSE:601456) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Guolian Securities Co Ltd (SHSE:601456) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

01456:Hong Kong

Address

No. 8 Jinrong One Street, Jiangsu Province, Wuxi, CHN, 214000

Website

https://www.glsc.com.cn

Guolian Securities Co Ltd is a china based financial institution. The company's operating segments include Brokerage and wealth management; Credit transaction; Investment banking; Proprietary trading; Asset management and investment and Other businesses. It generates maximum revenue from the Proprietary trading segment. The Proprietary trading segment includes trading in financial products. The Brokerage and wealth management segment includes securities trading and brokering services, sales of wealth management products, investment consulting, and asset allocation.

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