Midea Group Co (FRA:1520) Accounts Payable & Accrued Expense : €18,183 Mil (As of Mar. 2025)

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What is Midea Group Co Accounts Payable & Accrued Expense?

Midea Group Co's quarterly accounts payable & accrued expense increased from Sep. 2024 (€16,230 Mil) to Dec. 2024 (€18,077 Mil) and increased from Dec. 2024 (€18,077 Mil) to Mar. 2025 (€18,183 Mil).

Midea Group Co's annual accounts payable & accrued expense increased from Dec. 2022 (€14,385 Mil) to Dec. 2023 (€14,540 Mil) and increased from Dec. 2023 (€14,540 Mil) to Dec. 2024 (€18,077 Mil).

Midea Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Midea Group 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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Midea Group Co Accounts Payable & Accrued Expense Chart

Midea Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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12,494.04

16,112.81

14,384.73

14,539.58

18,077.14

Midea Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															15,050.44	16,091.69	16,229.98	18,077.14	18,183.42

Midea Group 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.

Midea Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (FRA:1520) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

00300:Hong Kong 1520:Germany 000333:China

Address

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

Website

https://www.midea.com

Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as 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 home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.

Midea Group Co Headlines

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