Wuliangye Yibin Co (SZSE:000858) Accounts Payable & Accrued Expense : ¥22,544 Mil (As of Sep. 2023)

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What is Wuliangye Yibin Co Accounts Payable & Accrued Expense?

Wuliangye Yibin Co's quarterly accounts payable & accrued expense increased from Mar. 2023 (¥23,820 Mil) to Jun. 2023 (¥26,327 Mil) but then declined from Jun. 2023 (¥26,327 Mil) to Sep. 2023 (¥22,544 Mil).

Wuliangye Yibin Co's annual accounts payable & accrued expense increased from Dec. 2020 (¥16,119 Mil) to Dec. 2021 (¥18,498 Mil) and increased from Dec. 2021 (¥18,498 Mil) to Dec. 2022 (¥21,443 Mil).

Wuliangye Yibin Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wuliangye Yibin 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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Wuliangye Yibin Co Accounts Payable & Accrued Expense Chart

Wuliangye Yibin Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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14,001.08

17,503.89

16,118.99

18,497.58

21,443.45

Wuliangye Yibin 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															20,943.10	21,443.45	23,820.12	26,326.99	22,543.73

Wuliangye Yibin 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.

Wuliangye Yibin Co (SZSE:000858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Wuliangye Yibin Co Ltd (SZSE:000858) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007

Website

http://www.wuliangye.com.cn

Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

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