Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Accounts Payable & Accrued Expense : ¥583 Mil (As of Mar. 2024)

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What is Zhejiang Guyuelongshan Shaoxing Wine Co Accounts Payable & Accrued Expense?

Zhejiang Guyuelongshan Shaoxing Wine Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥678 Mil) to Dec. 2023 (¥788 Mil) but then declined from Dec. 2023 (¥788 Mil) to Mar. 2024 (¥583 Mil).

Zhejiang Guyuelongshan Shaoxing Wine Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥609 Mil) to Dec. 2022 (¥572 Mil) but then increased from Dec. 2022 (¥572 Mil) to Dec. 2023 (¥788 Mil).

Zhejiang Guyuelongshan Shaoxing Wine Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhejiang Guyuelongshan Shaoxing Wine 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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Zhejiang Guyuelongshan Shaoxing Wine Co Accounts Payable & Accrued Expense Chart

Zhejiang Guyuelongshan Shaoxing Wine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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637.84

627.11

608.84

571.94

787.68

Zhejiang Guyuelongshan Shaoxing Wine Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															789.67	693.37	678.21	787.68	583.44

Zhejiang Guyuelongshan Shaoxing Wine 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.

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Zhejiang Guyuelongshan Shaoxing Wine Co Ltd (SHSE:600059) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Beihai Bridge, Shaoxing, Zhejiang, CHN, 312000

Website

http://www.shaoxingwine.com.cn

Zhejiang Guyuelongshan Shaoxing Wine Co Ltd is a China-based company engaged in the production and distribution of Chinese rice wine. Its main products consist of raw Chinese rice wine, bottled Chinese rice wine and a relatively small amount of fruit wine and distilled spirit. The company owns a range of brands including Gu Yue Long Shan, Nv Er Hong, Champion Red, Shen Yonghe as well as Jian Hu, among others.

Executives

Yang Wen Long	Supervisors
Hu Zhi Ming	senior management
Liu Jian	senior management
Wan Long	senior management
Liu Hong Lin	Supervisors
Wang Ling Ling	Director
Xu Dong Liang	Director
Meng Zhong Fa	Supervisors
Fu Bao Wei	Director
Dong Yong Jiu	Director
Sun Yong Gen	Supervisors
He Feng	Director

Zhejiang Guyuelongshan Shaoxing Wine Co (SHSE:600059) Headlines

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