China Automotive Engineering Research Institute Co (SHSE:601965) Accounts Payable & Accrued Expense : ¥1,422 Mil (As of Mar. 2024)

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What is China Automotive Engineering Research Institute Co Accounts Payable & Accrued Expense?

China Automotive Engineering Research Institute Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,145 Mil) to Dec. 2023 (¥1,466 Mil) but then declined from Dec. 2023 (¥1,466 Mil) to Mar. 2024 (¥1,422 Mil).

China Automotive Engineering Research Institute Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥858 Mil) to Dec. 2022 (¥1,173 Mil) and increased from Dec. 2022 (¥1,173 Mil) to Dec. 2023 (¥1,466 Mil).

China Automotive Engineering Research Institute Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Automotive Engineering Research Institute 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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China Automotive Engineering Research Institute Co Accounts Payable & Accrued Expense Chart

China Automotive Engineering Research Institute Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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835.08

778.22

857.88

1,172.55

1,466.14

China Automotive Engineering Research Institute 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															1,114.03	1,452.25	1,144.64	1,466.14	1,421.85

China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co (SHSE:601965) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Automotive Engineering Research Institute Co Ltd (SHSE:601965) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN

Website

http://www.caeri.com.cn

China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.

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