Country Garden Holdings Co (Country Garden Holdings Co) Accounts Payable & Accrued Expense : $66,727 Mil (As of Jun. 2023)

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What is Country Garden Holdings Co Accounts Payable & Accrued Expense?

Country Garden Holdings Co's quarterly accounts payable & accrued expense declined from Jun. 2022 ($79,761 Mil) to Dec. 2022 ($67,283 Mil) and declined from Dec. 2022 ($67,283 Mil) to Jun. 2023 ($66,727 Mil).

Country Garden Holdings Co's annual accounts payable & accrued expense declined from Dec. 2020 ($107,016 Mil) to Dec. 2021 ($92,593 Mil) and declined from Dec. 2021 ($92,593 Mil) to Dec. 2022 ($67,283 Mil).

Country Garden Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Country Garden Holdings 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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Country Garden Holdings Co Accounts Payable & Accrued Expense Chart

Country Garden Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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76,849.51

90,524.97

107,016.35

92,592.75

67,282.59

Country Garden Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															102,271.44	92,592.75	79,761.17	67,282.59	66,727.04

Country Garden Holdings 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.

Country Garden Holdings Co (Country Garden Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Holdings Co Ltd (OTCPK:CTRYF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

CTRYY:USA 02007:Hong Kong DZJ:Germany

Address

No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312

Website

https://www.countrygarden.com.cn

Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.