Guangdong Provincial Expressway Development Co (SZSE:000429) Accounts Payable & Accrued Expense : ¥503 Mil (As of Mar. 2024)

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What is Guangdong Provincial Expressway Development Co Accounts Payable & Accrued Expense?

Guangdong Provincial Expressway Development Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥550 Mil) to Dec. 2023 (¥540 Mil) and declined from Dec. 2023 (¥540 Mil) to Mar. 2024 (¥503 Mil).

Guangdong Provincial Expressway Development Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥626 Mil) to Dec. 2022 (¥482 Mil) but then increased from Dec. 2022 (¥482 Mil) to Dec. 2023 (¥540 Mil).

Guangdong Provincial Expressway Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guangdong Provincial Expressway Development 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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Guangdong Provincial Expressway Development Co Accounts Payable & Accrued Expense Chart

Guangdong Provincial Expressway Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,033.37

2,116.87

626.28

481.92

540.49

Guangdong Provincial Expressway Development 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															573.03	1,396.95	550.16	540.49	503.08

Guangdong Provincial Expressway Development 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.

Guangdong Provincial Expressway Development Co (SZSE:000429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Provincial Expressway Development Co Ltd (SZSE:000429) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

200429:China

Address

Zhujiang East Road, 45-46th Floor, Litong Plaza, No.32, Zhujiang New City, Tihe Disrtict, Guangzhou, CHN, 510623

Website

http://www.gpedcl.com

Guangdong Provincial Expressway Development Co Ltd is principally engaged in the development and operation of expressways and large bridges. It is involved in tolling and maintenance of Guangfo Expressway, Fokai Expressway, Jiujiang Bridge, Huiyan Expressway, Maozhan Expressway, Jiangzhong Expressway, Kangda Expressway and Gankang Expressway.

Executives

Xiao Lai Jiu	Directors, executives
Li Mei	Supervisors
Luo Ying Sheng	Director

Guangdong Provincial Expressway Development Co (SZSE:000429) Headlines

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