Geely Automobile Holdings (LTS:0YZ2) Accounts Payable & Accrued Expense : HK$72,817 Mil (As of Dec. 2023)

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What is Geely Automobile Holdings Accounts Payable & Accrued Expense?

Geely Automobile Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$58,098 Mil) to Jun. 2023 (HK$80,392 Mil) but then declined from Jun. 2023 (HK$80,392 Mil) to Dec. 2023 (HK$72,817 Mil).

Geely Automobile Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$50,453 Mil) to Dec. 2022 (HK$58,098 Mil) and increased from Dec. 2022 (HK$58,098 Mil) to Dec. 2023 (HK$72,817 Mil).

Geely Automobile Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Geely Automobile 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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Geely Automobile Holdings Accounts Payable & Accrued Expense Chart

Geely Automobile Holdings Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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41,522.89

40,467.76

50,453.08

58,097.61

72,816.85

Geely Automobile 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															50,453.08	61,437.47	58,097.61	80,391.56	72,816.85

Geely Automobile 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.

Geely Automobile Holdings (LTS:0YZ2) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Geely Automobile Holdings Ltd (LTS:0YZ2) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

GELYY:USA GELYF:USA 00175:Hong Kong GRU:Germany GRU:Austria

Address

23 Harbour Road, Room 2301, 23rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

http://www.geelyauto.com.hk

Based in Hangzhou, Zhejiang province, Geely Automobile Holdings manufactures and sells passenger vehicles and automotive parts. Geely is the largest local brand manufacturer and the third largest passenger vehicle brand in terms of sales volume in China. The firm formed a joint venture with Volvo in 2016 to build cars under the Lynk & Co brand. The new brand targets a young audience with sales and marketing approaches closely resembling those of modern lifestyle brands. Including Lynk & Co, Geely sold about 1.4 million cars in 2022. The domestic market accounts for more than 90% of Geely's revenue, with the rest coming from other parts of the world.

Geely Automobile Holdings (LTS:0YZ2) Headlines

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