GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Evergrande Group (OTCPK:EGRNF) » Definitions » Accounts Payable & Accrued Expense

China Evergrande Group (China Evergrande Group) Accounts Payable & Accrued Expense : $125,732 Mil (As of Jun. 2023)


View and export this data going back to 2010. Start your Free Trial

What is China Evergrande Group Accounts Payable & Accrued Expense?

China Evergrande Group's quarterly accounts payable & accrued expense increased from Jun. 2022 ($0 Mil) to Dec. 2022 ($149,860 Mil) but then declined from Dec. 2022 ($149,860 Mil) to Jun. 2023 ($125,732 Mil).

China Evergrande Group's annual accounts payable & accrued expense declined from Dec. 2020 ($150,785 Mil) to Dec. 2021 ($135,355 Mil) but then increased from Dec. 2021 ($135,355 Mil) to Dec. 2022 ($149,860 Mil).

China Evergrande Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Evergrande Group'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.

* Premium members only.

China Evergrande Group Accounts Payable & Accrued Expense Chart

China Evergrande Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94,210.82 119,726.54 150,785.25 135,355.38 149,860.01

China Evergrande Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 173,792.84 135,355.38 - 149,860.01 125,732.12

China Evergrande Group 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.

China Evergrande Group (China Evergrande Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Evergrande Group (OTCPK:EGRNF) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
HKSE:00026 HKSE:01813 HKSE:01176 HKSE:00480 HKSE:03377 HKSE:01238 HKSE:00813 HKSE:00884 HKSE:00194 HKSE:00088 HKSE:00016 HKSE:01109 HKSE:00688 HKSE:01113 TSE:1925 SHSE:600048 SZSE:000002 BOM:532868 DFM:EMAAR SZSE:001979
Traded in Other Exchanges
03333:Hong Kong EV1:Germany
Address
Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620
Website
https://www.evergrande.com
China Evergrande Group is a large real estate developer. In 2019, it was ranked in third place by sales value among developers in China. It has projects in more than 200 cities across China and property development accounts for 90% of earnings. The firm also has interests in banking, insurance, tourism, and healthcare. Evergrande was listed in Hong Kong in late 2009. The company is in the process of spinning off its real estate business into a Shenzhen-listed entity. Free float is 25%, with the company's founder Hui Ka Yan holding the remaining share.