Shanghai Phoenix Enterprise (Group) Co (SHSE:600679) Accounts Payable & Accrued Expense : ¥608 Mil (As of Sep. 2023)

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What is Shanghai Phoenix Enterprise (Group) Co Accounts Payable & Accrued Expense?

Shanghai Phoenix Enterprise (Group) Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥522 Mil) to Jun. 2023 (¥572 Mil) and increased from Jun. 2023 (¥572 Mil) to Sep. 2023 (¥608 Mil).

Shanghai Phoenix Enterprise (Group) Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥585 Mil) to Dec. 2021 (¥649 Mil) but then declined from Dec. 2021 (¥649 Mil) to Dec. 2022 (¥604 Mil).

Shanghai Phoenix Enterprise (Group) Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Phoenix Enterprise (Group) 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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Shanghai Phoenix Enterprise (Group) Co Accounts Payable & Accrued Expense Chart

Shanghai Phoenix Enterprise (Group) Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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262.20

286.55

584.73

649.29

604.01

Shanghai Phoenix Enterprise (Group) 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															612.20	604.01	521.94	572.16	607.93

Shanghai Phoenix Enterprise (Group) 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.

Shanghai Phoenix Enterprise (Group) Co (SHSE:600679) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shanghai Phoenix Enterprise (Group) Co Ltd (SHSE:600679) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

900916:China

Address

Fuquan North Road, Block 6, No. 518, Changning District, Shanghai, CHN

Website

http://www.phoenix.com.cn

Shanghai Phoenix Enterprise (Group) Co Ltd designs, develops, manufactures, and sells bicycles under the Phoenix brand name in China. Its production and sales of Phoenix brand bicycle products not only exported to Europe and the United States and other international markets. It is a well-known and best-selling product in China.

Shanghai Phoenix Enterprise (Group) Co (SHSE:600679) Headlines

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