Western Securities Co (SZSE:002673) Accounts Payable & Accrued Expense : ¥2,600 Mil (As of Mar. 2024)

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What is Western Securities Co Accounts Payable & Accrued Expense?

Western Securities Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,568 Mil) to Dec. 2023 (¥2,538 Mil) but then increased from Dec. 2023 (¥2,538 Mil) to Mar. 2024 (¥2,600 Mil).

Western Securities Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥2,593 Mil) to Dec. 2022 (¥2,578 Mil) and declined from Dec. 2022 (¥2,578 Mil) to Dec. 2023 (¥2,538 Mil).

Western Securities Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Western Securities 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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Western Securities Co Accounts Payable & Accrued Expense Chart

Western Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,901.72

2,156.31

2,592.63

2,578.15

2,537.56

Western Securities 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															2,857.08	2,382.93	2,567.65	2,537.56	2,599.92

Western Securities 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.

Western Securities Co (SZSE:002673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Western Securities Co Ltd (SZSE:002673) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 319, Dongxin Street, Room 10000, Building 8, Xincheng District, Shaanxi, Xian, CHN, 710004

Website

http://www.westsecu.com

Western Securities Co Ltd is a securities institution in northwest China. It offers securities brokerage, investment banking, asset management, securities research, and securities financing and margin services, as well as independent services. Geographically all the activities are carried out through China.

Executives

Duan Ya Lin	Independent director
Huang Bin	Secretary Dong
Wang Shang Gan	Supervisors
Zhuang Qi Fei	Director
Chen Bao Min	Supervisors
Qiu Xu Dong	Executives

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