Chinatellite Communications Co (SHSE:601698) Accounts Payable & Accrued Expense : ¥805 Mil (As of Mar. 2024)

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What is Chinatellite Communications Co Accounts Payable & Accrued Expense?

Chinatellite Communications Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,553 Mil) to Dec. 2023 (¥857 Mil) and declined from Dec. 2023 (¥857 Mil) to Mar. 2024 (¥805 Mil).

Chinatellite Communications Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥535 Mil) to Dec. 2022 (¥609 Mil) and increased from Dec. 2022 (¥609 Mil) to Dec. 2023 (¥857 Mil).

Chinatellite Communications Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chinatellite Communications 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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Chinatellite Communications Co Accounts Payable & Accrued Expense Chart

Chinatellite Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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507.09

545.70

535.29

608.56

856.87

Chinatellite Communications 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															641.17	1,072.03	1,552.99	856.87	805.44

Chinatellite Communications 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.

Chinatellite Communications Co (SHSE:601698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Satellite Communications Co Ltd (SHSE:601698) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 59, Houchangcun Road, Haidian District, Beijing, CHN

Website

http://www.chinasatcom.com

China Satellite Communications Co Ltd is engaged in the development and management of communication and broadcasting satellite systems; the design and development of satellite ground application systems and related equipment. It also offers technical consulting, engineering design, engineering contracting services related to the satellite business.

Chinatellite Communications Co (SHSE:601698) Headlines

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