Li Ning Co (HKSE:02331) Accounts Payable & Accrued Expense : HK$4,671 Mil (As of Dec. 2023)

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What is Li Ning Co Accounts Payable & Accrued Expense?

Li Ning Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$4,978 Mil) to Jun. 2023 (HK$4,171 Mil) but then increased from Jun. 2023 (HK$4,171 Mil) to Dec. 2023 (HK$4,671 Mil).

Li Ning Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$6,206 Mil) to Dec. 2022 (HK$4,978 Mil) and declined from Dec. 2022 (HK$4,978 Mil) to Dec. 2023 (HK$4,671 Mil).

Li Ning Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Li Ning 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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Li Ning Co Accounts Payable & Accrued Expense Chart

Li Ning Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,462.11

3,671.39

6,206.28

4,978.30

4,671.40

Li Ning 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															6,206.28	5,153.53	4,978.30	4,171.28	4,671.40

Li Ning 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.

Li Ning Co (HKSE:02331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Li Ning Co Ltd (HKSE:02331) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LNNGY:USA LNNGF:USA LNLB:Germany

Address

No. 8 Xing Guang 5th Street, Opto-Mechatronics Industrial Park, Zhongguancun Science and Technology Area, Tongzhou District, Beijing, CHN, 101111

Website

https://www.lining.com

Established in 1989, Li Ning is one of the largest sportswear companies in China. Headquartered in Beijing, Li Ning mainly sells professional and leisure footwear and apparel under the Li Ning brand. Despite having a single-brand strategy, Li Ning launched multiple sub-brands (such as China Li Ning and Li Ning 1990) to appeal to different demographics. As of the end of 2021, the company had 7,137 stores in China, of which 1,232 were directly operated, and 5,905 were franchised.

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