Liqun Commercial Group Co (SHSE:601366) Accounts Payable & Accrued Expense : ¥2,895 Mil (As of Mar. 2024)

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What is Liqun Commercial Group Co Accounts Payable & Accrued Expense?

Liqun Commercial Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,466 Mil) to Dec. 2023 (¥2,987 Mil) and declined from Dec. 2023 (¥2,987 Mil) to Mar. 2024 (¥2,895 Mil).

Liqun Commercial Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,821 Mil) to Dec. 2022 (¥3,931 Mil) but then declined from Dec. 2022 (¥3,931 Mil) to Dec. 2023 (¥2,987 Mil).

Liqun Commercial Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Liqun Commercial 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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Liqun Commercial Group Co Accounts Payable & Accrued Expense Chart

Liqun Commercial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,685.65

3,127.88

3,820.97

3,931.09

2,987.39

Liqun Commercial 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															3,236.09	3,208.90	3,465.93	2,987.39	2,894.67

Liqun Commercial 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.

Liqun Commercial Group Co (SHSE:601366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Liqun Commercial Group Co Ltd (SHSE:601366) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 83, Haier Road, Laoshan District, Shandong Province, Qingdao City, CHN

Website

http://www.liquncommercialgroup.com

Liqun Commercial Group Co Ltd is engaged in retail chains with department stores, supermarkets and electrical appliances.

Executives

Lu Cui Rong	senior management
Cao Li Juan	Supervisors
Luo Jun	senior management
Hu Pei Feng	Directors, senior managers
Ding Lin	Director
Wang Wen	Directors, senior managers
Zhang Bing	senior management
Xu De Cai	Directors, senior managers
Zhang Yuan Shuang	senior management

Liqun Commercial Group Co (SHSE:601366) Headlines

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