Wuhan East Lake High Technology Group Co (SHSE:600133) Accounts Payable & Accrued Expense : ¥2,704 Mil (As of Mar. 2024)

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What is Wuhan East Lake High Technology Group Co Accounts Payable & Accrued Expense?

Wuhan East Lake High Technology Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥11,233 Mil) to Dec. 2023 (¥3,182 Mil) and declined from Dec. 2023 (¥3,182 Mil) to Mar. 2024 (¥2,704 Mil).

Wuhan East Lake High Technology Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥6,751 Mil) to Dec. 2022 (¥10,740 Mil) but then declined from Dec. 2022 (¥10,740 Mil) to Dec. 2023 (¥3,182 Mil).

Wuhan East Lake High Technology Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wuhan East Lake High Technology Group 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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Wuhan East Lake High Technology Group Co Accounts Payable & Accrued Expense Chart

Wuhan East Lake High Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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6,846.48

6,457.78

6,751.29

10,740.13

3,181.97

Wuhan East Lake High Technology Group 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															10,622.52	11,551.42	11,233.44	3,181.97	2,704.29

Wuhan East Lake High Technology Group 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.

Wuhan East Lake High Technology Group Co (SHSE:600133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wuhan East Lake High Technology Group Co Ltd (SHSE:600133) » Definitions » Accounts Payable & Accrued Expense

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Address

No. 1 Huaguan Avenue, Donghu Gaoxin Building, Hongshan District, Wuhan, Hubei, CHN, 430074

Website

http://www.elht.com

Wuhan East Lake High Technology Group Co Ltd is a China-based company engaged in the engineering construction business. It is also engaged in the construction and operation of technology parks, as well as environmental technology business. Its engineering construction business mainly includes road and bridge contracting and construction; its environmental protection technology business mainly includes atmospheric treatment, sewage treatment, and water environment treatment; its science and technology park related business mainly include the investment, promotion, and operation of the science parks.

Executives

Lin Cheng Feng

Supervisors

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