Fosun Tourism Group (FRA:6T8) Accounts Payable & Accrued Expense : €680 Mil (As of Dec. 2023)

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What is Fosun Tourism Group Accounts Payable & Accrued Expense?

Fosun Tourism Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (€759 Mil) to Jun. 2023 (€491 Mil) but then increased from Jun. 2023 (€491 Mil) to Dec. 2023 (€680 Mil).

Fosun Tourism Group's annual accounts payable & accrued expense increased from Dec. 2021 (€730 Mil) to Dec. 2022 (€759 Mil) but then declined from Dec. 2022 (€759 Mil) to Dec. 2023 (€680 Mil).

Fosun Tourism Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fosun Tourism Group'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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Fosun Tourism Group Accounts Payable & Accrued Expense Chart

Fosun Tourism Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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571.68

388.87

729.57

759.39

680.45

Fosun Tourism Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial											729.57	471.85	759.39	490.89	680.45

Fosun Tourism Group 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.

Fosun Tourism Group (FRA:6T8) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fosun Tourism Group (FRA:6T8) » Definitions » Accounts Payable & Accrued Expense

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01992:Hong Kong

Address

3 Garden Road, Room 808 & 2101-06, ICBC Tower, Central, Hong Kong, HKG, 210010

Website

http://www.fosunholiday.com

Fosun Tourism Group is primarily engaged in providing pioneering and family-focused tourism and leisure solutions. The principal business activities of the group are resort; tourism destinations; and services and solutions in various tourism and leisure settings.

Fosun Tourism Group (FRA:6T8) Headlines

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