China Ludao Technology Co (HKSE:02023) Accounts Payable & Accrued Expense : HK$187.6 Mil (As of Jun. 2024)

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What is China Ludao Technology Co Accounts Payable & Accrued Expense?

China Ludao Technology Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (HK$49.9 Mil) to Dec. 2023 (HK$219.0 Mil) but then declined from Dec. 2023 (HK$219.0 Mil) to Jun. 2024 (HK$187.6 Mil).

China Ludao Technology Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$192.4 Mil) to Dec. 2022 (HK$99.5 Mil) but then increased from Dec. 2022 (HK$99.5 Mil) to Dec. 2023 (HK$219.0 Mil).

China Ludao Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Ludao Technology 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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China Ludao Technology Co Accounts Payable & Accrued Expense Chart

China Ludao Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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144.89

246.53

192.41

99.48

219.02

China Ludao Technology Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															178.01	99.48	49.91	219.02	187.63

China Ludao Technology 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.

China Ludao Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Ludao Technology Co Ltd (HKSE:02023) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Sanmen Industry Road, Sanmen Industry Zone, Zhejiang Province, Taizhou, CHN

Website

https://www.ludaocn.com

China Ludao Technology Co Ltd is principally engaged in the manufacture and sale of aerosol products in the People's Republic of China (the PRC). Its products include household and auto care products, air fresheners, personal care products, and insecticides. The firm offers various products including aerosol air fresheners, aromatherapy air fresheners, sticker cleaners, insecticide sprays, deodorant sprays, liquid soaps, cool sprays, and hair sprays among others. Customers of the company are from Mainland China, the United States of America, Japan, Chile, and other regions. The majority of its revenue is derived from Mainland China.

Executives

Ludao China Investments Holdings Limited	2101 Beneficial owner
Wang Jinfei	2202 Interest of your spouse
Yu Yuerong	2201 Interest of corporation controlled by you
Perfect Century Group Limited	2101 Beneficial owner

China Ludao Technology Co Headlines

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