Shanghai New World Co (SHSE:600628) Accounts Payable & Accrued Expense : ¥777 Mil (As of Mar. 2024)

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What is Shanghai New World Co Accounts Payable & Accrued Expense?

Shanghai New World Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥784 Mil) to Dec. 2023 (¥849 Mil) but then declined from Dec. 2023 (¥849 Mil) to Mar. 2024 (¥777 Mil).

Shanghai New World Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥842 Mil) to Dec. 2022 (¥796 Mil) but then increased from Dec. 2022 (¥796 Mil) to Dec. 2023 (¥849 Mil).

Shanghai New World Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai New World 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.

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Shanghai New World Co Accounts Payable & Accrued Expense Chart

Shanghai New World Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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820.40

791.63

841.91

796.41

848.99

Shanghai New World Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															758.37	768.25	783.57	848.99	776.68

Shanghai New World Co 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.

Shanghai New World Co (SHSE:600628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai New World Co Ltd (SHSE:600628) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 2-88 Nanjing West Road, Shanghai, Shanghai, CHN, 200003

Website

http://www.newworld-china.com

Shanghai New World Co Ltd is a multi-industry, cross-regional, export-oriented and multi-functional comprehensive enterprise integrating domestic and foreign trade, textile new materials, automobile interiors, real estate and other industries.

Executives

Sun Yue Kai	Supervisors
Ma Bing Fang	senior management

Shanghai New World Co (SHSE:600628) Headlines

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