China Qidian Guofeng Holdings (HKSE:01280) Accounts Payable & Accrued Expense : HK$170.5 Mil (As of Dec. 2023)

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What is China Qidian Guofeng Holdings Accounts Payable & Accrued Expense?

China Qidian Guofeng Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$220.5 Mil) to Jun. 2023 (HK$93.0 Mil) but then increased from Jun. 2023 (HK$93.0 Mil) to Dec. 2023 (HK$170.5 Mil).

China Qidian Guofeng Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$246.2 Mil) to Dec. 2022 (HK$220.5 Mil) and declined from Dec. 2022 (HK$220.5 Mil) to Dec. 2023 (HK$170.5 Mil).

China Qidian Guofeng Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Qidian Guofeng 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 Qidian Guofeng Holdings Accounts Payable & Accrued Expense Chart

China Qidian Guofeng Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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246.55

231.71

246.17

220.49

170.51

China Qidian Guofeng 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															246.17	228.91	220.49	92.99	170.51

China Qidian Guofeng 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 Qidian Guofeng Holdings (HKSE:01280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Qidian Guofeng Holdings Ltd (HKSE:01280) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 539 Wenchang Zhong Road, 6th Floor, Huiyin Building, Jiangsu Province, Yangzhou, CHN

Website

http://www.hyjd.com

China Qidian Guofeng Holdings Ltd Formerly Qidian International Co Ltd is an investment holding company. It is engaged in the retail of household appliances, mobile phones, computers, imported and general merchandise, and the provision of maintenance and installation services for household appliances in the PRC. The operating segments of the group are Traditional business; New retail business and All other segments. Its Traditional business includes the results from sales of household appliances, mobile phones, and computers. New retail business includes the results from sales of imported and general merchandise. All other segments include the results from rendering maintenance and installation services. The company generates prime revenue from the Traditional business segment.

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