Zhejiang Chint Electrics Co (SHSE:601877) Accounts Payable & Accrued Expense : ¥24,466 Mil (As of Mar. 2024)

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What is Zhejiang Chint Electrics Co Accounts Payable & Accrued Expense?

Zhejiang Chint Electrics Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥26,375 Mil) to Dec. 2023 (¥25,969 Mil) and declined from Dec. 2023 (¥25,969 Mil) to Mar. 2024 (¥24,466 Mil).

Zhejiang Chint Electrics Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥20,999 Mil) to Dec. 2022 (¥23,997 Mil) and increased from Dec. 2022 (¥23,997 Mil) to Dec. 2023 (¥25,969 Mil).

Zhejiang Chint Electrics Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Chint Electrics 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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Zhejiang Chint Electrics Co Accounts Payable & Accrued Expense Chart

Zhejiang Chint Electrics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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13,152.91

15,116.80

20,998.63

23,996.74

25,968.71

Zhejiang Chint Electrics 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															21,186.62	25,617.12	26,375.45	25,968.71	24,466.23

Zhejiang Chint Electrics 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.

Zhejiang Chint Electrics Co (SHSE:601877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Chint Electrics Co Ltd (SHSE:601877) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Zhengtai Road, North White Elephant Industrial Park, Zhejiang, CHN, 325603

Website

http://www.chint.net

Zhejiang Chint Electrics Co Ltd through its subsidiaries engages in the research, development, production, and sale of low-voltage electrical products in China. The company offers Power Transformer, Gas Insulated Switchgear, Capacitor, Insulator and Cut-out Fuse among other products. The solutions provided by the company include Power Transmission and Distribution Equipment, Electric Power, Solar Power Generation System and Traffic Automation System.

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