Foshan Haitian Flavouring and Food Co (SHSE:603288) Accounts Payable & Accrued Expense : ¥3,761 Mil (As of Sep. 2023)

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What is Foshan Haitian Flavouring and Food Co Accounts Payable & Accrued Expense?

Foshan Haitian Flavouring and Food Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥3,009 Mil) to Jun. 2023 (¥3,687 Mil) and increased from Jun. 2023 (¥3,687 Mil) to Sep. 2023 (¥3,761 Mil).

Foshan Haitian Flavouring and Food Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥4,199 Mil) to Dec. 2021 (¥4,314 Mil) but then declined from Dec. 2021 (¥4,314 Mil) to Dec. 2022 (¥3,493 Mil).

Foshan Haitian Flavouring and Food Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Foshan Haitian Flavouring and Food 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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Foshan Haitian Flavouring and Food Co Accounts Payable & Accrued Expense Chart

Foshan Haitian Flavouring and Food Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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2,864.34

3,860.85

4,199.06

4,314.27

3,493.40

Foshan Haitian Flavouring and Food 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															3,812.77	3,493.40	3,009.44	3,686.77	3,761.16

Foshan Haitian Flavouring and Food 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.

Foshan Haitian Flavouring and Food Co (SHSE:603288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Foshan Haitian Flavouring and Food Co Ltd (SHSE:603288) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

16 Wensha Road Foshan, Guangdong, CHN, 528000

Website

http://www.haitian-food.com

Foshan Haitian Flavouring and Food Company was founded in 1955 through the consolidation of 25 condiment producers in Foshan. The company mainly manufactures soy sauces, oyster sauces, dipping sauces, and seasoning sauces. It is the leading condiment producer with a number one market share in soy sauces and oyster sauces in China.

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