AECC Aero Science and Technology Co (SHSE:600391) Accounts Payable & Accrued Expense : ¥3,450 Mil (As of Mar. 2024)

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What is AECC Aero Science and Technology Co Accounts Payable & Accrued Expense?

AECC Aero Science and Technology Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,514 Mil) to Dec. 2023 (¥3,449 Mil) but then increased from Dec. 2023 (¥3,449 Mil) to Mar. 2024 (¥3,450 Mil).

AECC Aero Science and Technology Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,550 Mil) to Dec. 2022 (¥2,750 Mil) and increased from Dec. 2022 (¥2,750 Mil) to Dec. 2023 (¥3,449 Mil).

AECC Aero Science and Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for AECC Aero Science and Technology 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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AECC Aero Science and Technology Co Accounts Payable & Accrued Expense Chart

AECC Aero Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,767.95

2,197.92

2,549.63

2,749.88

3,448.98

AECC Aero Science and Technology 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															2,945.85	3,024.77	3,514.00	3,448.98	3,449.59

AECC Aero Science and Technology 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.

AECC Aero Science and Technology Co (SHSE:600391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AECC Aero Science and Technology Co Ltd (SHSE:600391) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 901, 9th Floor, Building 1, Tianyun Road, High-tech Zone, Sichuan Province, Chengdu, CHN, 610503

Website

http://www.fast.avic.com

AECC Aero Science and Technology Co Ltd is a China-based company engages in the research and development, manufacture, and sale of aviation products. It focuses on aircraft engines and their components, gas turbine components and parts, and aviation bearings.

Executives

Yan Shui Bo	Supervisors
Zhang Li	senior management
Chen Yu Pei	senior management
Sun Yan Feng	Supervisors
Chen Jin	Director
Zhang Bin	senior management
Liu Jian	senior management
Xiong Yi	Director
Yi Xue Bin	senior management
Wu Hua	Director
Wang Nan Hai	senior management

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