China Traditional Chinese Medicine Holdings Co (HKSE:00570) Accounts Payable & Accrued Expense : HK$5,677 Mil (As of Dec. 2023)

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What is China Traditional Chinese Medicine Holdings Co Accounts Payable & Accrued Expense?

China Traditional Chinese Medicine Holdings Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$5,027 Mil) to Jun. 2023 (HK$5,519 Mil) and increased from Jun. 2023 (HK$5,519 Mil) to Dec. 2023 (HK$5,677 Mil).

China Traditional Chinese Medicine Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$7,824 Mil) to Dec. 2022 (HK$5,027 Mil) but then increased from Dec. 2022 (HK$5,027 Mil) to Dec. 2023 (HK$5,677 Mil).

China Traditional Chinese Medicine Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Traditional Chinese Medicine 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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China Traditional Chinese Medicine Holdings Co Accounts Payable & Accrued Expense Chart

China Traditional Chinese Medicine Holdings Co Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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5,395.41

4,743.16

7,824.02

5,027.02

5,677.21

China Traditional Chinese Medicine Holdings Co 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															7,824.02	5,720.72	5,027.02	5,518.72	5,677.21

China Traditional Chinese Medicine 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.

China Traditional Chinese Medicine Holdings Co (HKSE:00570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » China Traditional Chinese Medicine Holdings Co Ltd (HKSE:00570) » Definitions » Accounts Payable & Accrued Expense

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WSG:Germany

Address

288 Hennessy Road, Room 1601, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.china-tcm.com.cn

China Traditional Chinese Medicine Holdings Co Ltd is engaged in the Chinese healthcare sector. The company functions through five segments, finished drugs; concentrated TCM granules; TCM decoction pieces; TCM healthcare complex, and Local TCM integrated operation. It generates maximum revenue from the concentrated TCM granules segment. Geographically, it derives a majority of its revenue from Mainland China.

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