Kingold Jewelry (Kingold Jewelry) Accounts Payable & Accrued Expense : $42 Mil (As of Sep. 2019)

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What is Kingold Jewelry Accounts Payable & Accrued Expense?

Kingold Jewelry's quarterly accounts payable & accrued expense increased from Mar. 2019 ($38 Mil) to Jun. 2019 ($40 Mil) and increased from Jun. 2019 ($40 Mil) to Sep. 2019 ($42 Mil).

Kingold Jewelry's annual accounts payable & accrued expense declined from Dec. 2016 ($30 Mil) to Dec. 2017 ($25 Mil) but then increased from Dec. 2017 ($25 Mil) to Dec. 2018 ($41 Mil).

Kingold Jewelry Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kingold Jewelry'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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Kingold Jewelry Accounts Payable & Accrued Expense Chart

Kingold Jewelry Annual Data

Trend

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Accounts Payable & Accrued Expense

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4.73

115.92

29.63

25.37

40.81

Kingold Jewelry Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															27.11	40.81	38.08	40.34	42.33

Kingold Jewelry 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.

Kingold Jewelry (Kingold Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kingold Jewelry Inc (GREY:KGJI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Han Huang Road, Jiang'an District, Hubei Province, 15 Huangpu Science & Technology Park, Wuhan, CHN, 430023

Website

http://www.kingoldjewelry.com

Kingold Jewelry Inc designs and manufactures 24-karat gold jewelry and Chinese ornaments. The company along with its subsidiaries develops markets and sells products including gold necklaces, rings, earrings, bracelets, and pendants to the jewelry market in China. The company also sells gold bars and coins and other products through various banks in China. It derives most of its revenues from the sales of 24-karat jewelry and Chinese ornaments and from design and processing fees.

Executives