Weilong Delicious Global Holdings (HKSE:09985) Accounts Payable & Accrued Expense : HK$761 Mil (As of Dec. 2023)

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What is Weilong Delicious Global Holdings Accounts Payable & Accrued Expense?

Weilong Delicious Global Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$862 Mil) to Jun. 2023 (HK$1,236 Mil) but then declined from Jun. 2023 (HK$1,236 Mil) to Dec. 2023 (HK$761 Mil).

Weilong Delicious Global Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$822 Mil) to Dec. 2022 (HK$862 Mil) but then declined from Dec. 2022 (HK$862 Mil) to Dec. 2023 (HK$761 Mil).

Weilong Delicious Global Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Weilong Delicious Global 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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Weilong Delicious Global Holdings Accounts Payable & Accrued Expense Chart

Weilong Delicious Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

501.54

634.16

821.95

861.58

761.27

Weilong Delicious Global Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			821.95	679.29	861.58	1,236.13	761.27

Weilong Delicious Global 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.

Weilong Delicious Global Holdings (HKSE:09985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN

Website

https://www.weilongshipin.com

Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.

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Weilong Delicious Global Holdings (HKSE:09985) Headlines

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