Shandong Homey Aquatic Development Co (SHSE:600467) Accounts Payable & Accrued Expense : ¥958 Mil (As of Mar. 2024)

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What is Shandong Homey Aquatic Development Co Accounts Payable & Accrued Expense?

Shandong Homey Aquatic Development Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥510 Mil) to Dec. 2023 (¥519 Mil) and increased from Dec. 2023 (¥519 Mil) to Mar. 2024 (¥958 Mil).

Shandong Homey Aquatic Development Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥346 Mil) to Dec. 2022 (¥298 Mil) but then increased from Dec. 2022 (¥298 Mil) to Dec. 2023 (¥519 Mil).

Shandong Homey Aquatic Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Homey Aquatic Development 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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Shandong Homey Aquatic Development Co Accounts Payable & Accrued Expense Chart

Shandong Homey Aquatic Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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392.94

350.73

346.06

298.11

518.77

Shandong Homey Aquatic Development 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															1,715.80	665.47	510.28	518.77	957.68

Shandong Homey Aquatic Development 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.

Shandong Homey Aquatic Development Co (SHSE:600467) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Homey Aquatic Development Co Ltd (SHSE:600467) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Shazuizi, Hushan Town, Rongcheng, Shandong, CHN, 264305

Website

http://www.sdhaodangjia.com

Shandong Homey Aquatic Development Co Ltd is engaged in the aquaculture and food processing businesses in China. Its products include sea cucumber, sea bream, abalone, prawn, kelp, clam, loach and other sea treasures, all of which are medium and high-grade seafood. Its other products include frozen food, aquatic products, health tonic series, beverage series products and salted aquatic products. The company distributes its products within domestic market and to overseas markets.

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