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ZJLD Group (FRA:LH6) Accounts Payable & Accrued Expense : €336.5 Mil (As of Dec. 2024)


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What is ZJLD Group Accounts Payable & Accrued Expense?

ZJLD Group's quarterly accounts payable & accrued expense declined from Dec. 2023 (€287.2 Mil) to Jun. 2024 (€258.5 Mil) but then increased from Jun. 2024 (€258.5 Mil) to Dec. 2024 (€336.5 Mil).

ZJLD Group's annual accounts payable & accrued expense increased from Dec. 2022 (€262.7 Mil) to Dec. 2023 (€287.2 Mil) and increased from Dec. 2023 (€287.2 Mil) to Dec. 2024 (€336.5 Mil).

ZJLD Group Accounts Payable & Accrued Expense Historical Data

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

ZJLD Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
153.47 276.94 262.69 287.25 336.46

ZJLD Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 262.69 209.33 287.25 258.47 336.46

ZJLD 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.

ZJLD Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (FRA:LH6) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
06979:Hong Kong
Address
No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN
Website
https://www.zjld.com
Zhenjiu Lidu is one of the leading non-state-owned baijiu distillers in China. It operates a portfolio of baijiu brands with aroma ranging across jiang, rich, and mixed flavors that include Zhen Jiu, Li Du, Xiang Jiao, and Kai Kou Xiao, which contributed 63%, 19%, 11%, and 5% of total revenue in 2024, respectively. ZJLD listed on the Hong Kong Stock Exchange in April 2023 and was the ninth-largest among the listed baijiu distillers in terms of revenue in 2023. Through Jindong Investment, Chair Wu Xiangdong controls 67% of the firm's total equity stake as of December 2024.

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