Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Accounts Payable & Accrued Expense : ¥2,620 Mil (As of Sep. 2023)

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What is Hebei Hengshui Laobaigan Liquor Co Accounts Payable & Accrued Expense?

Hebei Hengshui Laobaigan Liquor Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥2,348 Mil) to Jun. 2023 (¥2,419 Mil) and increased from Jun. 2023 (¥2,419 Mil) to Sep. 2023 (¥2,620 Mil).

Hebei Hengshui Laobaigan Liquor Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥1,612 Mil) to Dec. 2021 (¥1,946 Mil) and increased from Dec. 2021 (¥1,946 Mil) to Dec. 2022 (¥2,679 Mil).

Hebei Hengshui Laobaigan Liquor Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hebei Hengshui Laobaigan Liquor 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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Hebei Hengshui Laobaigan Liquor Co Accounts Payable & Accrued Expense Chart

Hebei Hengshui Laobaigan Liquor Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,733.72

1,518.82

1,611.70

1,945.96

2,679.17

Hebei Hengshui Laobaigan Liquor Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,434.60	2,679.17	2,348.41	2,418.52	2,619.59

Hebei Hengshui Laobaigan Liquor 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.

Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Hebei Hengshui Laobaigan Liquor Co Ltd (SHSE:600559) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 809 Renmin East Road, Hengshui, Hebei, CHN, 053000

Website

http://www.hengshuilaobaigan.net

Hebei Hengshui Laobaigan Liquor Co Ltd is engaged in the brewing industry. It is a manufacturer in the white liquor industry in China. The company's products include Hengshui old white and Eighteen White Square and 67 degrees.

Hebei Hengshui Laobaigan Liquor Co (SHSE:600559) Headlines

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