Midea Group Co (SZSE:000333) Other Current Liabilities : ¥114,757 Mil (As of Dec. 2023)

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What is Midea Group Co Other Current Liabilities?

Midea Group Co's other current liabilities for the quarter that ended in Dec. 2023 was ¥114,757 Mil.

Midea Group Co's quarterly other current liabilities declined from Jun. 2023 (¥107,017 Mil) to Sep. 2023 (¥103,059 Mil) but then increased from Sep. 2023 (¥103,059 Mil) to Dec. 2023 (¥114,757 Mil).

Midea Group Co's annual other current liabilities increased from Dec. 2021 (¥72,380 Mil) to Dec. 2022 (¥87,696 Mil) and increased from Dec. 2022 (¥87,696 Mil) to Dec. 2023 (¥114,757 Mil).

Midea Group Co Other Current Liabilities Historical Data

The historical data trend for Midea Group Co's Other Current Liabilities 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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Midea Group Co Other Current Liabilities Chart

Midea Group Co Annual Data

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Other Current Liabilities

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Midea Group Co Quarterly Data
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Midea Group Co Other Current Liabilities Calculation

The liability a company needs to pay in the next 12 months, but not assigned to Accounts Payable or Debt. For instance, Wal-Mart (WMT) has accrued wages, salaries, valuation, bonuses, insurance liabilities, accrued tax etc. These are all included in other current liabilities.

Midea Group Co Other Current Liabilities Related Terms

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Midea Group Co (SZSE:000333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (SZSE:000333) » Definitions » Other Current Liabilities

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Address

No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

http://www.midea.com

Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, producing air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most of the home appliance products. The firm is also involved in industrial automation systems through its 100% stake in Kuka, a leading global player in the industry based in Germany. Heating, ventilation, and air-conditioning, or HVAC, products accounted for 44% of Midea's total revenue in 2022, followed by other consumer appliances (36%) and robotics and automation systems (9%). In addition, more than 40% of the group's sales is ex-China.

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