Ningbo Zhongbai Co (SHSE:600857) Accounts Payable & Accrued Expense : ¥88 Mil (As of Mar. 2024)

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What is Ningbo Zhongbai Co Accounts Payable & Accrued Expense?

Ningbo Zhongbai Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥140 Mil) to Dec. 2023 (¥131 Mil) and declined from Dec. 2023 (¥131 Mil) to Mar. 2024 (¥88 Mil).

Ningbo Zhongbai Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥92 Mil) to Dec. 2022 (¥115 Mil) and increased from Dec. 2022 (¥115 Mil) to Dec. 2023 (¥131 Mil).

Ningbo Zhongbai Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ningbo Zhongbai 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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Ningbo Zhongbai Co Accounts Payable & Accrued Expense Chart

Ningbo Zhongbai Co Annual Data

Trend

Dec14

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Dec22

Dec23

Accounts Payable & Accrued Expense

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95.42

89.28

91.83

114.73

130.94

Ningbo Zhongbai 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															129.09	150.00	140.43	130.94	88.08

Ningbo Zhongbai 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.

Ningbo Zhongbai Co (SHSE:600857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ningbo Zhongbai Co Ltd (SHSE:600857) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 77, Heyi Road, 21st Floor, Haishu District, Zhejiang Province, Ningbo, CHN, 315000

Website

http://www.hitsc.com

Ningbo Zhongbai Co Ltd is engaged in wholesale and retail of commercial department stores. The company's business scope includes gold, jewelry, needle textiles, clothing, cosmetics, luggage, shoes and hats, daily necessities, handicrafts, toys, culture, sporting goods and equipment, machinery and equipment, hardware, household appliances, electronic products, communication equipment, construction and decoration materials, furniture wholesale, and others.

Ningbo Zhongbai Co (SHSE:600857) Headlines

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