Tsingtao Brewery Co (SHSE:600600) Accounts Payable : ¥3,146 Mil (As of Dec. 2023)

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What is Tsingtao Brewery Co Accounts Payable?

Tsingtao Brewery Co's Accounts Payable for the quarter that ended in Dec. 2023 was ¥3,146 Mil.

Tsingtao Brewery Co's quarterly Accounts Payable declined from Jun. 2023 (¥5,127 Mil) to Sep. 2023 (¥4,439 Mil) and declined from Sep. 2023 (¥4,439 Mil) to Dec. 2023 (¥3,146 Mil).

Tsingtao Brewery Co's annual Accounts Payable increased from Dec. 2021 (¥3,298 Mil) to Dec. 2022 (¥3,662 Mil) but then declined from Dec. 2022 (¥3,662 Mil) to Dec. 2023 (¥3,146 Mil).

Tsingtao Brewery Co Accounts Payable Historical Data

The historical data trend for Tsingtao Brewery Co's Accounts Payable 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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Tsingtao Brewery Co Accounts Payable Chart

Tsingtao Brewery Co Annual Data

Trend

Dec14

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Dec18

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Dec23

Accounts Payable

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2,388.00

2,715.98

3,297.90

3,661.83

3,146.50

Tsingtao Brewery Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable	Get a 7-Day Free Trial															3,661.83	4,495.61	5,127.43	4,439.46	3,146.50

Tsingtao Brewery Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Tsingtao Brewery Co Accounts Payable Related Terms

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Tsingtao Brewery Co (SHSE:600600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (SHSE:600600) » Definitions » Accounts Payable

Traded in Other Exchanges

TSGTY:USA TSGTF:USA 00168:Hong Kong TSI:Germany

Address

No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071

Website

https://www.tsingtao.com

With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.

Tsingtao Brewery Co (SHSE:600600) Headlines

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