Luxin Venture Capital Group Co (SHSE:600783) Accounts Payable & Accrued Expense : ¥126.49 Mil (As of Mar. 2024)

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What is Luxin Venture Capital Group Co Accounts Payable & Accrued Expense?

Luxin Venture Capital Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥120.46 Mil) to Dec. 2023 (¥126.72 Mil) but then declined from Dec. 2023 (¥126.72 Mil) to Mar. 2024 (¥126.49 Mil).

Luxin Venture Capital Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥142.79 Mil) to Dec. 2022 (¥186.60 Mil) but then declined from Dec. 2022 (¥186.60 Mil) to Dec. 2023 (¥126.72 Mil).

Luxin Venture Capital Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luxin Venture Capital Group 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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Luxin Venture Capital Group Co Accounts Payable & Accrued Expense Chart

Luxin Venture Capital Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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167.97

321.11

142.79

186.60

126.72

Luxin Venture Capital Group 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															153.07	293.71	120.46	126.72	126.49

Luxin Venture Capital Group 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.

Luxin Venture Capital Group Co (SHSE:600783) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luxin Venture Capital Group Co Ltd (SHSE:600783) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

9999 Jingshi Road, Golden Times Square, 4th Floor, Block C, Jinan, CHN, 250101

Website

http://www.600783.cn

Luxin Venture Capital Group Co Ltd is a China-based venture capital company. It is engaged in the investment in industries such as advanced manufacturing, modern agriculture, and marine economy; strategic emerging industries such as information technology, energy conservation and environmental protection, new energy, new materials, biotechnology and high-end equipment manufacturing. It is also involved in the fund management business which includes government-managed investment funds and market-oriented self-investment funds.

Executives

Wang Xu Dong	Director
Zhang Yan Ming	Director

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