Shangri-La Asia (Shangri-La Asia) Accounts Payable & Accrued Expense : $708 Mil (As of Dec. 2023)

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What is Shangri-La Asia Accounts Payable & Accrued Expense?

Shangri-La Asia's quarterly accounts payable & accrued expense declined from Dec. 2022 ($637 Mil) to Jun. 2023 ($578 Mil) but then increased from Jun. 2023 ($578 Mil) to Dec. 2023 ($708 Mil).

Shangri-La Asia's annual accounts payable & accrued expense declined from Dec. 2021 ($669 Mil) to Dec. 2022 ($637 Mil) but then increased from Dec. 2022 ($637 Mil) to Dec. 2023 ($708 Mil).

Shangri-La Asia Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shangri-La Asia'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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Shangri-La Asia Accounts Payable & Accrued Expense Chart

Shangri-La Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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736.01

652.72

669.09

637.11

708.27

Shangri-La Asia 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															669.09	546.01	637.11	578.22	708.27

Shangri-La Asia 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.

Shangri-La Asia (Shangri-La Asia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Asia Ltd (OTCPK:SHALY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SHALF:USA S07:Singapore 00069:Hong Kong SHN:Germany

Address

683 King's Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG

Website

https://www.shangri-la.com

Shangri-La Asia Ltd owns and manages hotels in The People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, The Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Other than hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.

Shangri-La Asia (Shangri-La Asia) Headlines

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