Guangdong Electric Power Development Co (SZSE:000539) Accounts Payable & Accrued Expense : ¥18,765 Mil (As of Mar. 2024)

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What is Guangdong Electric Power Development Co Accounts Payable & Accrued Expense?

Guangdong Electric Power Development Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥18,689 Mil) to Dec. 2023 (¥19,337 Mil) but then declined from Dec. 2023 (¥19,337 Mil) to Mar. 2024 (¥18,765 Mil).

Guangdong Electric Power Development Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥20,029 Mil) to Dec. 2022 (¥17,588 Mil) but then increased from Dec. 2022 (¥17,588 Mil) to Dec. 2023 (¥19,337 Mil).

Guangdong Electric Power Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangdong Electric Power Development 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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Guangdong Electric Power Development Co Accounts Payable & Accrued Expense Chart

Guangdong Electric Power Development Co Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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8,685.40

13,408.35

20,029.43

17,587.60

19,337.08

Guangdong Electric Power Development 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															15,095.06	17,699.68	18,689.07	19,337.08	18,764.99

Guangdong Electric Power Development 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.

Guangdong Electric Power Development Co (SZSE:000539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Guangdong Electric Power Development Co Ltd (SZSE:000539) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

200539:China

Address

No. 2 Tianhe Road East, 33rd-36th Floor, South Tower, Yudean Plaza, Guangdong Province, Guangzhou, CHN, 510630

Website

http://www.ged.com.cn

Guangdong Electric Power Development Co Ltd is a Chinese company which is engaged in the business of investment, construction, and management of electric power projects. It is also involved in the clean energy projects like LNG power generation, wind power generation and hydropower generation. The company focuses on coal-burning power generation through the development, construction, and operation of the large-scale coal-burning power generating plants. It earns its revenue primarily from power production and sales. Most of its revenue is generated from Guangdong Province, China.

Executives

Gao Shi Qiang	Director
Yao Ji Heng	Directors, executives
Chen Chu Yang	Supervisors
Hong Rong Kun	Director
Li Xiao Qing	Executives
Deng An	Director

Guangdong Electric Power Development Co (SZSE:000539) Headlines

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