Shenguan Holdings Group (Shenguan Holdings Group) Accounts Payable & Accrued Expense : $46.0 Mil (As of Jun. 2023)

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What is Shenguan Holdings Group Accounts Payable & Accrued Expense?

Shenguan Holdings Group's quarterly accounts payable & accrued expense declined from Jun. 2022 ($42.9 Mil) to Dec. 2022 ($38.3 Mil) but then increased from Dec. 2022 ($38.3 Mil) to Jun. 2023 ($46.0 Mil).

Shenguan Holdings Group's annual accounts payable & accrued expense declined from Dec. 2020 ($33.3 Mil) to Dec. 2021 ($22.8 Mil) but then increased from Dec. 2021 ($22.8 Mil) to Dec. 2022 ($38.3 Mil).

Shenguan Holdings Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shenguan Holdings 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.

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Shenguan Holdings Group Accounts Payable & Accrued Expense Chart

Shenguan Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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18.15

33.25

22.81

38.31

38.91

Shenguan Holdings Group 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															22.81	42.88	38.31	46.01	38.91

Shenguan Holdings 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.

Shenguan Holdings Group (Shenguan Holdings Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenguan Holdings Group Ltd (OTCPK:SHGXY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

00829:Hong Kong S2N:Germany

Address

255–257 Gloucester Road, Unit 2902, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

http://www.shenguan.com.hk

Shenguan Holdings Group Ltd is an investment holding company. It is engaged in the manufacture and sale of edible collagen sausage casing products, pharmaceutical products, food products, skincare and health care products, and bioactive collagen products. The company generates a majority of its revenue from edible collagen sausage casing products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Shenguan Holdings Group (Shenguan Holdings Group) Headlines

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