Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Accounts Payable & Accrued Expense : $1,473 Mil (As of Dec. 2023)

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What is Tingyi (Cayman Islands) Holding Accounts Payable & Accrued Expense?

Tingyi (Cayman Islands) Holding's quarterly accounts payable & accrued expense increased from Dec. 2022 ($1,686 Mil) to Jun. 2023 ($3,197 Mil) but then declined from Jun. 2023 ($3,197 Mil) to Dec. 2023 ($1,473 Mil).

Tingyi (Cayman Islands) Holding's annual accounts payable & accrued expense declined from Dec. 2021 ($1,780 Mil) to Dec. 2022 ($1,686 Mil) and declined from Dec. 2022 ($1,686 Mil) to Dec. 2023 ($1,473 Mil).

Tingyi (Cayman Islands) Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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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Tingyi (Cayman Islands) Holding Accounts Payable & Accrued Expense Chart

Tingyi (Cayman Islands) Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,519.43

1,661.66

1,780.13

1,686.11

1,473.21

Tingyi (Cayman Islands) Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,780.13	3,577.12	1,686.11	3,196.81	1,473.21

Tingyi (Cayman Islands) Holding 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.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tingyi (Cayman Islands) Holding Corp (OTCPK:TCYMF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

TYCMY:USA 910322:Taiwan 00322:Hong Kong TYG:Germany TYG:Germany

Address

No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103

Website

https://www.masterkong.com.cn

Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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