Chaoda Modern Agriculture (Holdings) (Chaoda Modern Agriculture (Holdings)) Accounts Payable & Accrued Expense : $4.18 Mil (As of Dec. 2023)

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What is Chaoda Modern Agriculture (Holdings) Accounts Payable & Accrued Expense?

Chaoda Modern Agriculture (Holdings)'s quarterly accounts payable & accrued expense declined from Dec. 2022 ($4.42 Mil) to Jun. 2023 ($1.56 Mil) but then increased from Jun. 2023 ($1.56 Mil) to Dec. 2023 ($4.18 Mil).

Chaoda Modern Agriculture (Holdings)'s annual accounts payable & accrued expense increased from Jun. 2021 ($1.59 Mil) to Jun. 2022 ($1.77 Mil) but then declined from Jun. 2022 ($1.77 Mil) to Jun. 2023 ($1.56 Mil).

Chaoda Modern Agriculture (Holdings) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chaoda Modern Agriculture (Holdings)'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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Chaoda Modern Agriculture (Holdings) Accounts Payable & Accrued Expense Chart

Chaoda Modern Agriculture (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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5.42

1.74

1.59

1.77

1.56

Chaoda Modern Agriculture (Holdings) 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															4.67	1.77	4.42	1.56	4.18

Chaoda Modern Agriculture (Holdings) 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.

Chaoda Modern Agriculture (Holdings) (Chaoda Modern Agriculture (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chaoda Modern Agriculture (Holdings) Ltd (OTCPK:CMGHF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CMGHY:USA 00682:Hong Kong CHA:Germany

Address

133 Wan Chai Road, Room B, 21st Floor, Times Media Centre, Wanchai, Hong Kong, HKG

Website

http://www.chaoda.hk.cn

Chaoda Modern Agriculture (Holdings) Ltd operates as an investment holding company, which engages in the production and sale of agricultural products. The company's main businesses include the growing and sales of crops, as well as the breeding and sales of livestock. The firm earns a majority of its revenue from the sales of crops in Hong Kong.

Chaoda Modern Agriculture (Holdings) (Chaoda Modern Agriculture (Holdings)) Headlines

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