China Mengniu Dairy Co (China Mengniu Dairy Co) Accounts Payable & Accrued Expense : $2,323 Mil (As of Jun. 2023)

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What is China Mengniu Dairy Co Accounts Payable & Accrued Expense?

China Mengniu Dairy Co's quarterly accounts payable & accrued expense increased from Jun. 2022 ($2,948 Mil) to Dec. 2022 ($3,444 Mil) but then declined from Dec. 2022 ($3,444 Mil) to Jun. 2023 ($2,323 Mil).

China Mengniu Dairy Co's annual accounts payable & accrued expense increased from Dec. 2020 ($2,464 Mil) to Dec. 2021 ($2,637 Mil) and increased from Dec. 2021 ($2,637 Mil) to Dec. 2022 ($3,444 Mil).

China Mengniu Dairy Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Mengniu Dairy 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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China Mengniu Dairy Co Accounts Payable & Accrued Expense Chart

China Mengniu Dairy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,067.57

2,463.78

2,637.09

3,443.77

3,183.73

China Mengniu Dairy Co 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															2,637.09	2,948.27	3,443.77	2,323.04	3,183.73

China Mengniu Dairy 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.

China Mengniu Dairy Co (China Mengniu Dairy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Mengniu Dairy Co Ltd (OTCPK:CIADF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

CIADY:USA 02319:Hong Kong EZQ:Germany

Address

262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG

Website

https://www.mengniuir.com

China Mengniu Dairy, or Mengniu, is China's second-largest dairy producer by market share. The company produces a wide range of dairy products including liquid milk, ice cream, milk formula and cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yogurt and Yoyi C. Mengniu also owns two infant formula brands including Yashili and Bellamy as well as Milkground, a cheese brand.

China Mengniu Dairy Co (China Mengniu Dairy Co) Headlines

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