Metallurgical of China (SHSE:601618) Accounts Payable & Accrued Expense : ¥319,757 Mil (As of Mar. 2024)

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What is Metallurgical of China Accounts Payable & Accrued Expense?

Metallurgical of China's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥306,760 Mil) to Dec. 2023 (¥320,314 Mil) but then declined from Dec. 2023 (¥320,314 Mil) to Mar. 2024 (¥319,757 Mil).

Metallurgical of China's annual accounts payable & accrued expense increased from Dec. 2021 (¥227,617 Mil) to Dec. 2022 (¥260,356 Mil) and increased from Dec. 2022 (¥260,356 Mil) to Dec. 2023 (¥320,314 Mil).

Metallurgical of China Accounts Payable & Accrued Expense Historical Data

The historical data trend for Metallurgical of China'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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Metallurgical of China Accounts Payable & Accrued Expense Chart

Metallurgical of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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179,061.69

196,910.13

227,617.03

260,356.05

320,313.63

Metallurgical of China 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															272,548.85	307,190.06	306,759.59	320,313.63	319,757.02

Metallurgical of China 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.

Metallurgical of China (SHSE:601618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Metallurgical Corp of China Ltd (SHSE:601618) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

MLLUY:USA 01618:Hong Kong 6MT:Germany

Address

No. 28, Shuguang Xili, MCC Tower, Chaoyang DIstrict, Beijing, CHN, 100028

Website

http://www.mccchina.com

Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating primarily in China. The segments through which business is conducted are Engineering contracting business, the Property development business, Equipment Manufacturing business, the Resource development business, and Other businesses. It generates most revenues from the Engineering contracting business segment. Geographically, it derives most of its revenue from China.

Executives

Jing Tian Liang	Director
Wang Xiu Feng	senior management
Peng Hai Qing	Supervisors
Huang Dan	senior management
Shao Bo	Supervisors
Li Shi Yu	senior management
Kang Cheng Ye	senior management
Wang Yong Guang	senior management
Chen Yong Kuan	Director
Zhang Zhao Xiang	senior management
Shen He Ting	Director
Guo Wen Qing	Director
Han Zhang Lin	Supervisors
Wang Wei Min	Director

Metallurgical of China (SHSE:601618) Headlines

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