China Modern Dairy Holdings (HKSE:01117) Accounts Payable & Accrued Expense : HK$5,698 Mil (As of Dec. 2023)

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What is China Modern Dairy Holdings Accounts Payable & Accrued Expense?

China Modern Dairy Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$3,310 Mil) to Jun. 2023 (HK$2,808 Mil) but then increased from Jun. 2023 (HK$2,808 Mil) to Dec. 2023 (HK$5,698 Mil).

China Modern Dairy Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$3,542 Mil) to Dec. 2022 (HK$3,310 Mil) but then increased from Dec. 2022 (HK$3,310 Mil) to Dec. 2023 (HK$5,698 Mil).

China Modern Dairy Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Modern Dairy Holdings'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 Modern Dairy Holdings Accounts Payable & Accrued Expense Chart

China Modern Dairy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,544.15

1,389.08

3,542.49

3,310.41

5,698.09

China Modern Dairy Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															3,542.49	2,412.76	3,310.41	2,807.96	5,698.09

China Modern Dairy Holdings 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 Modern Dairy Holdings (HKSE:01117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Modern Dairy Holdings Ltd (HKSE:01117) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

07M:Germany

Address

Economic and Technological Development Zone, Danyang Town, Bowang District, Anhui Province, Maanshan City, CHN

Website

http://www.moderndairyir.com

China Modern Dairy Holdings Ltd operates in the Chinese food industry. Its primary business includes the production of milk and its revenue mainly depends on the sale of raw milk. The company produces and sells raw milk to customers for processing into dairy products and Liquid Milk products business which relates to its sale of liquid milk products.

Executives

Bank Of China Limited	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Boc International Holdings Limited	2201 Interest of corporation controlled by you
Boci Financial Products Limited	2101 Beneficial owner
Mgd Holdings	2101 Beneficial owner
China Mengniu Dairy Company Limited	2201 Interest of corporation controlled by you
Ggg Holdings Limited	2101 Beneficial owner
Liu Chang	2201 Interest of corporation controlled by you
New Century Ltd.	2201 Interest of corporation controlled by you
Xin Xi Wang Ru Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

China Modern Dairy Holdings (HKSE:01117) Headlines

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