Luyin Investment Group Co (SHSE:600784) Accounts Payable & Accrued Expense : ¥730 Mil (As of Mar. 2024)

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What is Luyin Investment Group Co Accounts Payable & Accrued Expense?

Luyin Investment Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥700 Mil) to Dec. 2023 (¥706 Mil) and increased from Dec. 2023 (¥706 Mil) to Mar. 2024 (¥730 Mil).

Luyin Investment Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥663 Mil) to Dec. 2022 (¥763 Mil) but then declined from Dec. 2022 (¥763 Mil) to Dec. 2023 (¥706 Mil).

Luyin Investment Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luyin Investment 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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Luyin Investment Group Co Accounts Payable & Accrued Expense Chart

Luyin Investment Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,200.52

962.12

662.79

762.94

706.37

Luyin Investment 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															768.96	786.60	700.49	706.37	730.46

Luyin Investment 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.

Luyin Investment Group Co (SHSE:600784) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Luyin Investment Group Co Ltd (SHSE:600784) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 20518, Jingshi Road, Shandong Province, Jinan, CHN, 250002

Website

http://www.luyin.cn

Luyin Investment Group Co Ltd is engaged in Powder metallurgy and products, Real estate, Trade, and others. The main products of the company's powder metallurgy and products business are powder metallurgy materials, automotive structural parts, and powder metallurgy parts. It is applied to products such as automobiles and home appliances, and others. The main products of the real estate business are commercial and residential real estate development, and the trading business relies on the purchase and sale of iron ore, billet, building materials, and other products.

Executives

Li Chun Lin	Director
Sun Dian Min	Director
Liu Shi He	Director
Li Wei	Director
Fu Shen	senior management

Luyin Investment Group Co (SHSE:600784) Headlines

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