Longfor Group Holdings (Longfor Group Holdings) Accounts Payable & Accrued Expense : $18,964 Mil (As of Dec. 2023)

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What is Longfor Group Holdings Accounts Payable & Accrued Expense?

Longfor Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($27,004 Mil) to Jun. 2023 ($20,257 Mil) and declined from Jun. 2023 ($20,257 Mil) to Dec. 2023 ($18,964 Mil).

Longfor Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 ($37,002 Mil) to Dec. 2022 ($27,004 Mil) and declined from Dec. 2022 ($27,004 Mil) to Dec. 2023 ($18,964 Mil).

Longfor Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Longfor Group 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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Longfor Group Holdings Accounts Payable & Accrued Expense Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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23,358.22

30,202.96

37,001.63

27,004.21

18,964.19

Longfor Group 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															37,001.63	35,347.87	27,004.21	20,257.11	18,964.19

Longfor Group 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.

Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.