Ganglong China Property Group (HKSE:06968) Accounts Payable & Accrued Expense : HK$6,966 Mil (As of Dec. 2023)

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What is Ganglong China Property Group Accounts Payable & Accrued Expense?

Ganglong China Property Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$7,790 Mil) to Jun. 2023 (HK$7,333 Mil) and declined from Jun. 2023 (HK$7,333 Mil) to Dec. 2023 (HK$6,966 Mil).

Ganglong China Property Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$10,668 Mil) to Dec. 2022 (HK$7,790 Mil) and declined from Dec. 2022 (HK$7,790 Mil) to Dec. 2023 (HK$6,966 Mil).

Ganglong China Property Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ganglong China Property 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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Ganglong China Property Group Accounts Payable & Accrued Expense Chart

Ganglong China Property Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10,913.88

13,661.54

10,667.56

7,790.34

6,966.16

Ganglong China Property Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							10,667.56	8,133.21	7,790.34	7,332.82	6,966.16

Ganglong China Property 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.

Ganglong China Property Group (HKSE:06968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ganglong China Property Group Ltd (HKSE:06968) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

52J:Germany

Address

No. 2177 Shenkun Road, No. 11 Building, Hongqiao International Exhibition Center, PortMix South District, Miuhang District, Shanghai, CHN

Website

https://www.glchina.group

Ganglong China Property Group Ltd is an investment holding company engaged in property development. It develops residential, retail, and commercial properties. The majority of its revenue comes from sales of properties in Changzhou city.

Executives

Huaxing Development Co., Ltd.
Hualian Development Co., Ltd.
Hualong Development Co., Ltd.
Chan Mei Kam
Lui Ming
Lui Wing Nam
Wong Sau Suet
Lui Chi Chung Jimmy
Lui Wing Mau
Wong Kwai Fa
Lui Jin Ling

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