China Feihe (China Feihe) Accounts Payable & Accrued Expense : $951 Mil (As of Dec. 2023)

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What is China Feihe Accounts Payable & Accrued Expense?

China Feihe's quarterly accounts payable & accrued expense declined from Dec. 2022 ($996 Mil) to Jun. 2023 ($870 Mil) but then increased from Jun. 2023 ($870 Mil) to Dec. 2023 ($951 Mil).

China Feihe's annual accounts payable & accrued expense declined from Dec. 2021 ($1,031 Mil) to Dec. 2022 ($996 Mil) and declined from Dec. 2022 ($996 Mil) to Dec. 2023 ($951 Mil).

China Feihe Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Feihe'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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China Feihe Accounts Payable & Accrued Expense Chart

China Feihe Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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611.25

1,003.29

1,031.06

996.36

950.94

China Feihe Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									1,031.06	879.70	996.36	869.66	950.94

China Feihe 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.

China Feihe (China Feihe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Feihe Ltd (OTCPK:CFEIY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

CHFLF:USA 06186:Hong Kong

Address

10 Jiuxianqiao Road, Block C, 16th Floor, Star City International Building, Chaoyang District, Beijing, CHN, 100016

Website

https://www.feihe.com

Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

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