SITC International Holdings Co (SITC International Holdings Co) Accounts Payable & Accrued Expense : $283 Mil (As of Dec. 2023)

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What is SITC International Holdings Co Accounts Payable & Accrued Expense?

SITC International Holdings Co's quarterly accounts payable & accrued expense increased from Dec. 2022 ($300 Mil) to Jun. 2023 ($354 Mil) but then declined from Jun. 2023 ($354 Mil) to Dec. 2023 ($283 Mil).

SITC International Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 ($553 Mil) to Dec. 2022 ($300 Mil) and declined from Dec. 2022 ($300 Mil) to Dec. 2023 ($283 Mil).

SITC International Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for SITC International Holdings 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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SITC International Holdings Co Accounts Payable & Accrued Expense Chart

SITC International Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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268.79

209.93

553.18

299.51

282.56

SITC International Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															553.18	428.14	299.51	354.19	282.56

SITC International Holdings 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.

SITC International Holdings Co (SITC International Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SITC International Holdings Co Ltd (OTCPK:SITIY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

01308:Hong Kong 7S8:Germany

Address

6-8 Harbour Road, 31/F, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.sitc.com

SITC International Holdings Co Ltd is a shipping company operating within Asia under two reportable segments: the container shipping and logistics segment and the dry bulk and others segment. Nearly all of SITC International's revenue comes from the container shipping and logistics segment, which covers the provision of container transportation, freight forwarding, shipping agency, depot, and warehousing. The dry bulk and others segment provides services of dry bulk vessel leasing, land leasing, and other services. Geographically, it derives majority of its revenue from Greater China.

SITC International Holdings Co (SITC International Holdings Co) Headlines

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