Li & Fung (Li & Fung) Accounts Payable & Accrued Expense : $1,533 Mil (As of Dec. 2019)

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What is Li & Fung Accounts Payable & Accrued Expense?

Li & Fung's quarterly accounts payable & accrued expense declined from Dec. 2018 ($1,806 Mil) to Jun. 2019 ($1,573 Mil) and declined from Jun. 2019 ($1,573 Mil) to Dec. 2019 ($1,533 Mil).

Li & Fung's annual accounts payable & accrued expense declined from Dec. 2017 ($1,820 Mil) to Dec. 2018 ($1,806 Mil) and declined from Dec. 2018 ($1,806 Mil) to Dec. 2019 ($1,533 Mil).

Li & Fung Accounts Payable & Accrued Expense Historical Data

The historical data trend for Li & Fung'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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Li & Fung Accounts Payable & Accrued Expense Chart

Li & Fung Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Accounts Payable & Accrued Expense

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2,608.55

2,209.47

1,819.86

1,805.71

1,532.82

Li & Fung Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,819.86	1,942.59	1,805.71	1,573.21	1,532.82

Li & Fung 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.

Li & Fung (Li & Fung) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Li & Fung Ltd (OTCPK:LFUGF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Victoria Street, Victoria Place, 5th Floor, Hamilton, BMU, HM 10

Website

https://www.lifung.com

Li & Fung Ltd is a supply-chain manager that serves retailers globally with sourcing and logistics services. The company's operating segment includes Services and Products. It generates maximum revenue from the Services segment. The Services segment consists of Supply Chain Solutions and Logistics businesses. Its Products segment consists of the Onshore Wholesale business and the three Product Verticals (furniture, beauty, and sweaters) representing its principal-to-principal business. Geographically, it derives a majority of revenue from the United States of America.

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