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Ruifeng Power Group Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (HK$403 Mil) to Jun. 2024 (HK$457 Mil) and increased from Jun. 2024 (HK$457 Mil) to Dec. 2024 (HK$510 Mil).
Ruifeng Power Group Co's annual accounts payable & accrued expense increased from Dec. 2022 (HK$372 Mil) to Dec. 2023 (HK$403 Mil) and increased from Dec. 2023 (HK$403 Mil) to Dec. 2024 (HK$510 Mil).
The historical data trend for Ruifeng Power Group 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.
Ruifeng Power Group Co Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Accounts Payable & Accrued Expense | Get a 7-Day Free Trial |
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309.14 | 394.60 | 372.13 | 402.66 | 510.38 |
Ruifeng Power Group Co Semi-Annual Data | ||||||||||||||||||||
Dec14 | Dec15 | Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | Dec24 | |
Accounts Payable & Accrued Expense | Get a 7-Day Free Trial |
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372.13 | 366.72 | 402.66 | 456.79 | 510.38 |
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.
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