China Railway Materials Co (SZSE:000927) Accounts Payable & Accrued Expense : ¥11,326 Mil (As of Mar. 2024)

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What is China Railway Materials Co Accounts Payable & Accrued Expense?

China Railway Materials Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥12,427 Mil) to Dec. 2023 (¥10,781 Mil) but then increased from Dec. 2023 (¥10,781 Mil) to Mar. 2024 (¥11,326 Mil).

China Railway Materials Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥15,113 Mil) to Dec. 2022 (¥13,889 Mil) and declined from Dec. 2022 (¥13,889 Mil) to Dec. 2023 (¥10,781 Mil).

China Railway Materials Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Railway Materials 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 Railway Materials Co Accounts Payable & Accrued Expense Chart

China Railway Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12,106.58

12,145.97

15,113.11

13,889.23

10,781.23

China Railway Materials 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															13,357.77	13,124.11	12,427.33	10,781.23	11,325.87

China Railway Materials 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 Railway Materials Co (SZSE:000927) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway Materials Co Ltd (SZSE:000927) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.17 Fuxing Road, 19th Floor, Block C, Guohai Plaza, Haidian District, Beijing, CHN, 100036

Website

https://www.twgf.crmsc.com.cn

China Railway Materials Co Ltd is engaged in development of oil product supply, rail life cycle management, equipment and material supply, railway line maintenance, railway construction engineering services, bidding agency, industrial product manufacturing, and bulk commodity trading.

Executives

Zhang Jie	Executives
Liu Jun Min	Independent director
Xiao Jin Dong	Executives

China Railway Materials Co (SZSE:000927) Headlines

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