GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Mengniu Dairy Co Ltd (OTCPK:CIADY) » Definitions » Accounts Payable & Accrued Expense

CIADY (China Mengniu Dairy Co) Accounts Payable & Accrued Expense : $1,939 Mil (As of Dec. 2024)


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What is China Mengniu Dairy Co Accounts Payable & Accrued Expense?

China Mengniu Dairy Co's quarterly accounts payable & accrued expense declined from Dec. 2023 ($2,358 Mil) to Jun. 2024 ($1,934 Mil) but then increased from Jun. 2024 ($1,934 Mil) to Dec. 2024 ($1,939 Mil).

China Mengniu Dairy Co's annual accounts payable & accrued expense declined from Dec. 2022 ($2,534 Mil) to Dec. 2023 ($2,358 Mil) and declined from Dec. 2023 ($2,358 Mil) to Dec. 2024 ($1,939 Mil).

China Mengniu Dairy Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Mengniu Dairy 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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China Mengniu Dairy Co Accounts Payable & Accrued Expense Chart

China Mengniu Dairy Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,463.78 2,492.08 2,533.92 2,357.84 1,939.02

China Mengniu Dairy Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,533.92 2,195.51 2,357.84 1,933.64 1,939.02

China Mengniu Dairy 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.

China Mengniu Dairy Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Mengniu Dairy Co Ltd (OTCPK:CIADY) » Definitions » Accounts Payable & Accrued Expense
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HKSE:00151 HKSE:00322 HKSE:06186 HKSE:09985 HKSE:00288 HKSE:00142 HKSE:02555 HKSE:01579 HKSE:00345 HKSE:02517 XSWX:NESN XPAR:BN JBS SHSE:603288 KHC NSE:NESTLEIND K GIS TSE:2802 SHSE:600887
Traded in Other Exchanges
CIADF:USA 02319:Hong Kong EZQ:Germany EZQ:Germany
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
Website
https://www.mengniuir.com
China Mengniu Dairy is China's second-largest dairy producer by market share. The company produces a wide range of dairy products, including liquid milk, yogurt, ice cream, milk formula, and cheese. Liquid milk, composed of milk, milk beverages, and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yoghurt, and Yoyi C. Mengniu also owns two infant formula brands, Yashili and Bellamy, as well as Milkground, a cheese brand.