Southwest Securities Co (SHSE:600369) Accounts Payable & Accrued Expense : ¥2,493 Mil (As of Mar. 2024)

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What is Southwest Securities Co Accounts Payable & Accrued Expense?

Southwest Securities Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,361 Mil) to Dec. 2023 (¥2,486 Mil) and increased from Dec. 2023 (¥2,486 Mil) to Mar. 2024 (¥2,493 Mil).

Southwest Securities Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,509 Mil) to Dec. 2022 (¥1,603 Mil) and increased from Dec. 2022 (¥1,603 Mil) to Dec. 2023 (¥2,486 Mil).

Southwest Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Southwest Securities 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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Southwest Securities Co Accounts Payable & Accrued Expense Chart

Southwest Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,285.96

1,429.70

1,509.39

1,603.06

2,486.49

Southwest Securities 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															1,911.31	2,421.19	2,361.48	2,486.49	2,493.09

Southwest Securities 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.

Southwest Securities Co (SHSE:600369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Southwest Securities Co Ltd (SHSE:600369) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No.8 Qiaobeiyuan, Southwest Securities Building, Jiangbei District, Chongqing, CHN, 400023

Website

http://www.swsc.com.cn

Southwest Securities Co Ltd is a national securities company. Its business includes securities brokerage, securities underwriting and sponsorship, financial consulting, asset management and margin financing. Through asset management, the company provides customers with its special and professional asset management services.

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