Chongqing Iron & Steel Co (SHSE:601005) Accounts Payable & Accrued Expense : ¥9,800 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Chongqing Iron & Steel Co Accounts Payable & Accrued Expense?

Chongqing Iron & Steel Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥9,420 Mil) to Dec. 2023 (¥9,026 Mil) but then increased from Dec. 2023 (¥9,026 Mil) to Mar. 2024 (¥9,800 Mil).

Chongqing Iron & Steel Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥8,729 Mil) to Dec. 2022 (¥6,614 Mil) but then increased from Dec. 2022 (¥6,614 Mil) to Dec. 2023 (¥9,026 Mil).

Chongqing Iron & Steel Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chongqing Iron & Steel 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.

* Premium members only.

Chongqing Iron & Steel Co Accounts Payable & Accrued Expense Chart

Chongqing Iron & Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

2,567.79

5,785.78

8,729.22

6,614.11

9,025.97

Chongqing Iron & Steel 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															7,509.39	7,558.05	9,420.32	9,025.97	9,800.35

Chongqing Iron & Steel 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.

Chongqing Iron & Steel Co (SHSE:601005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chongqing Iron & Steel Co Ltd (SHSE:601005) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

01053:Hong Kong

Address

No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258

Website

https://www.cqgt.cn

Chongqing Iron & Steel Co Ltd is engaged in the production, processing, and sale of steel plates, steel sections, wire rods, bar materials, billets, and thin plates, and in the production and sale of coking and coal chemical products, pig iron & grain slag, steel slag, and steel scrap. Its products are applied in various industries, such as machinery, architecture, engineering, automobile, motorbike, shipbuilding, offshore oil, gas cylinder, boiler as well as oil and gas pipelines. The group's revenue and profit are mainly comprised of steel manufacturing and domestic sales.

Executives

Yao Xiao Hu	Director
Xia Tong	Director
Yu Hong	Director
Lv Feng	senior management
Zhang Shuo Gong	Director
Li Ren Sheng	senior management
Li Yong Xiang	Director
Meng Xiang Yun	Director
Xiao Yu Xin	Supervisors
Wang Bu Lin	senior management
Zhang Li Quan	Director
Ceng Jing	senior management
Tu De Ling	Director
Zhou Ya Ping	Supervisors
Zhao Wei	Supervisors

Chongqing Iron & Steel Co (SHSE:601005) Headlines

No Headlines