GreenTree Hospitality Group (GreenTree Hospitality Group) Accounts Payable & Accrued Expense : $96.4 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is GreenTree Hospitality Group Accounts Payable & Accrued Expense?

GreenTree Hospitality Group's quarterly accounts payable & accrued expense declined from Jun. 2023 ($119.5 Mil) to Sep. 2023 ($118.0 Mil) and declined from Sep. 2023 ($118.0 Mil) to Dec. 2023 ($96.4 Mil).

GreenTree Hospitality Group's annual accounts payable & accrued expense increased from Dec. 2021 ($86.1 Mil) to Dec. 2022 ($99.5 Mil) but then declined from Dec. 2022 ($99.5 Mil) to Dec. 2023 ($96.4 Mil).

GreenTree Hospitality Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for GreenTree Hospitality 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.

GreenTree Hospitality Group Accounts Payable & Accrued Expense Chart

GreenTree Hospitality Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

65.28

66.75

86.07

99.51

96.41

GreenTree Hospitality Group Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	99.51	119.45	117.98	96.41

GreenTree Hospitality 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.

GreenTree Hospitality Group (GreenTree Hospitality Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » GreenTree Hospitality Group Ltd (NYSE:GHG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GT1A:Germany

Address

1228 Zhongshan North Road, Putuo District, Shanghai, CHN, 200065

Website

https://www.998.com

GreenTree Hospitality Group Ltd is a franchised hotel operator in China as franchised and managed hotels represent almost all the hotels in its hotel network. The hotel network of the company comprised approximately 4,059 hotels with nearly 302,497 rooms in China, covering all centrally administrated municipalities and cities throughout all provinces and autonomous regions in China. The company operates its hotels under GreenTree Inns, GreenTree Eastern, Gme, Gya and VX, GreenTree Alliance, Vatica, and others. The company operates solely in China and generates all its revenue from China itself.