China State Construction Engineering (SHSE:601668) Accounts Payable & Accrued Expense : ¥887,997 Mil (As of Mar. 2024)

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What is China State Construction Engineering Accounts Payable & Accrued Expense?

China State Construction Engineering's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥846,055 Mil) to Dec. 2023 (¥918,050 Mil) but then declined from Dec. 2023 (¥918,050 Mil) to Mar. 2024 (¥887,997 Mil).

China State Construction Engineering's annual accounts payable & accrued expense increased from Dec. 2021 (¥729,294 Mil) to Dec. 2022 (¥809,797 Mil) and increased from Dec. 2022 (¥809,797 Mil) to Dec. 2023 (¥918,050 Mil).

China State Construction Engineering Accounts Payable & Accrued Expense Historical Data

The historical data trend for China State Construction Engineering'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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China State Construction Engineering Accounts Payable & Accrued Expense Chart

China State Construction Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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681,317.49

698,267.95

729,293.84

809,796.65

918,049.69

China State Construction Engineering 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															768,139.89	852,525.47	846,054.66	918,049.69	887,997.36

China State Construction Engineering 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.

China State Construction Engineering (SHSE:601668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China State Construction Engineering Corp Ltd (SHSE:601668) » Definitions » Accounts Payable & Accrued Expense

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Address

Anding Road, Building 3, Courtyard 5, China Construction Fortune International Center, Chaoyang District, Beijing, CHN, 100029

Website

https://www.cscec.com

China State Construction Engineering Corp Ltd is a construction and real estate conglomerate. Its operating segments are Building construction engineering, Infrastructure construction & investment, Real estate development & investment, Prospecting & design, and Others. The majority of its revenue comes from the Building construction engineering segment. The company undertakes construction, installation, and consulting of domestic and domestic public and civil building construction projects; investment and construction of infrastructure projects; real estate investment and development at home and abroad; survey and design of construction; decoration engineering, and garden engineering. Geographically it generates a vast majority of its revenue from Mainland China.

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