Lao Feng Xiang Co (SHSE:600612) Accounts Payable & Accrued Expense : ¥1,356 Mil (As of Sep. 2023)

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What is Lao Feng Xiang Co Accounts Payable & Accrued Expense?

Lao Feng Xiang Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥1,689 Mil) to Jun. 2023 (¥2,120 Mil) but then declined from Jun. 2023 (¥2,120 Mil) to Sep. 2023 (¥1,356 Mil).

Lao Feng Xiang Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥1,438 Mil) to Dec. 2021 (¥1,592 Mil) and increased from Dec. 2021 (¥1,592 Mil) to Dec. 2022 (¥1,746 Mil).

Lao Feng Xiang Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lao Feng Xiang 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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Lao Feng Xiang Co Accounts Payable & Accrued Expense Chart

Lao Feng Xiang Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,141.38

512.24

1,437.63

1,591.73

1,745.61

Lao Feng Xiang 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															1,498.62	1,745.61	1,688.60	2,120.21	1,355.65

Lao Feng Xiang 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.

Lao Feng Xiang Co (SHSE:600612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lao Feng Xiang Co Ltd (SHSE:600612) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

900905:China

Address

No. 270, Luxi Road, 6th Floor, Building 1, Xuhui District, Shanghai, CHN, 200235

Website

http://www.laofengxiang.com

Lao Feng Xiang Co Ltd is engaged in the manufacture and sale of gold jewelry. It is also engaged in the manufacture and distribution of gold arts and crafts, and other related products.

Lao Feng Xiang Co (SHSE:600612) Headlines

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