Tsingtao Brewery Co (Tsingtao Brewery Co) Other Current Liabilities : $1,128 Mil (As of Dec. 2023)

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What is Tsingtao Brewery Co Other Current Liabilities?

Tsingtao Brewery Co's other current liabilities for the quarter that ended in Dec. 2023 was $1,128 Mil.

Tsingtao Brewery Co's quarterly other current liabilities declined from Jun. 2023 ($817 Mil) to Sep. 2023 ($811 Mil) but then increased from Sep. 2023 ($811 Mil) to Dec. 2023 ($1,128 Mil).

Tsingtao Brewery Co's annual other current liabilities increased from Dec. 2021 ($1,346 Mil) to Dec. 2022 ($1,347 Mil) but then declined from Dec. 2022 ($1,347 Mil) to Dec. 2023 ($1,128 Mil).

Tsingtao Brewery Co Other Current Liabilities Historical Data

The historical data trend for Tsingtao Brewery 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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Tsingtao Brewery Co Other Current Liabilities Chart

Tsingtao Brewery Co Annual Data

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Other Current Liabilities

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Tsingtao Brewery Co Quarterly Data
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Tsingtao Brewery 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.

Tsingtao Brewery Co Other Current Liabilities Related Terms

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Tsingtao Brewery Co (Tsingtao Brewery Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tsingtao Brewery Co Ltd (OTCPK:TSGTY) » Definitions » Other Current Liabilities

Traded in Other Exchanges

TSGTF:USA 00168:Hong Kong TSI:Germany TSI:Germany TSI:Germany 600600:China

Address

No. 35, Donghai West Road, Tsingtao Beer Tower, Shandong Province, Qingdao, CHN, 266071

Website

https://www.tsingtao.com

With over 100 years of history, Tsingtao Brewery has become one of the leading brewers in China with its namesake Tsingtao brand. The company has a dominant position in its core market, Shandong province, which contributed over 60% of its revenue and net profit in 2022. Unlike other major brewers, Tsingtao Brewery's brand umbrellas consist entirely of domestic brands. The Tsingtao brand has a mid-range to high-end market positioning and contributed over half of its volume whereas the mass market Laoshan brand targets the mainstream segment, with a declining volume mix as the company sought to premiumize its portfolio in recent years.