Nanjing Xinjiekou Department Store Co (SHSE:600682) Accounts Payable & Accrued Expense : ¥2,091 Mil (As of Mar. 2024)

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What is Nanjing Xinjiekou Department Store Co Accounts Payable & Accrued Expense?

Nanjing Xinjiekou Department Store Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,955 Mil) to Dec. 2023 (¥2,022 Mil) and increased from Dec. 2023 (¥2,022 Mil) to Mar. 2024 (¥2,091 Mil).

Nanjing Xinjiekou Department Store Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥3,447 Mil) to Dec. 2022 (¥2,149 Mil) and declined from Dec. 2022 (¥2,149 Mil) to Dec. 2023 (¥2,022 Mil).

Nanjing Xinjiekou Department Store Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nanjing Xinjiekou Department Store 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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Nanjing Xinjiekou Department Store Co Accounts Payable & Accrued Expense Chart

Nanjing Xinjiekou Department Store Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,071.55

3,042.16

3,447.04

2,148.92

2,021.56

Nanjing Xinjiekou Department Store 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															2,222.31	2,018.45	1,955.09	2,021.56	2,091.24

Nanjing Xinjiekou Department Store 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.

Nanjing Xinjiekou Department Store Co (SHSE:600682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nanjing Xinjiekou Department Store Co Ltd (SHSE:600682) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 1 Zhongshan South Road, Qinhuai District, Jiangsu District, Nanjing, CHN, 210005

Website

http://www.njxb.com

Nanjing Xinjiekou Department Store Co Ltd operates a large-scale and established set of retail and department stores. The company is engaged in pre-packaged food, bulk food, health food, hot and cold beverage sales; Chinese food production and sales; audiovisual products, cigarettes, cigars, cut tobacco, and confiscated foreign tobacco products retail.

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