Zhejiang Expressway Co (HKSE:00576) Accounts Payable & Accrued Expense : HK$64,562 Mil (As of Dec. 2023)

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What is Zhejiang Expressway Co Accounts Payable & Accrued Expense?

Zhejiang Expressway Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (HK$71,117 Mil) to Sep. 2023 (HK$0 Mil) but then increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$64,562 Mil).

Zhejiang Expressway Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$55,959 Mil) to Dec. 2022 (HK$63,961 Mil) and increased from Dec. 2022 (HK$63,961 Mil) to Dec. 2023 (HK$64,562 Mil).

Zhejiang Expressway Co Accounts Payable & Accrued Expense Historical Data

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

Zhejiang Expressway Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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25,674.77

40,894.48

55,959.34

63,961.01

64,562.36

Zhejiang Expressway Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															63,961.01	71,117.08	-	64,562.36	-

Zhejiang Expressway 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 Expressway Co (HKSE:00576) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Expressway Co Ltd (HKSE:00576) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

ZHEXF:USA ZHJ:Germany

Address

199 Wuxing Road, 5th Floor, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020

Website

https://www.zjec.com.cn

Zhejiang Expressway Co Ltd is a Chinese infrastructure company which, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll road business, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next most significant segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of revenue domestically.

Executives

Jpmorgan Chase & Co.	2502 Approved lending agent
Blackrock, Inc.	2201 Interest of corporation controlled by you
Bank Of America Corporation	2201 Interest of corporation controlled by you
Bnp Paribas Sa	2201 Interest of corporation controlled by you
Citigroup Inc.	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Ubs Group Ag	2201 Interest of corporation controlled by you
Cohen & Steers, Inc	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Cohen & Steers Capital Management, Inc.	2102 Investment manager
Zhao Shang Ju Gong Lu Wang Luo Ke Ji Kong Gu Gu Fen You Xian Gong Si	2101 Beneficial owner

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