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Guirenniao Co (SHSE:603555) Accounts Payable & Accrued Expense : ¥562 Mil (As of Sep. 2023)


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What is Guirenniao Co Accounts Payable & Accrued Expense?

Guirenniao Co's quarterly accounts payable & accrued expense declined from Mar. 2023 (¥938 Mil) to Jun. 2023 (¥724 Mil) and declined from Jun. 2023 (¥724 Mil) to Sep. 2023 (¥562 Mil).

Guirenniao Co's annual accounts payable & accrued expense declined from Dec. 2020 (¥972 Mil) to Dec. 2021 (¥378 Mil) but then increased from Dec. 2021 (¥378 Mil) to Dec. 2022 (¥853 Mil).


Guirenniao Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guirenniao 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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Guirenniao Co Accounts Payable & Accrued Expense Chart

Guirenniao Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,108.26 866.99 972.32 377.82 852.54

Guirenniao Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 694.50 852.54 937.74 724.18 561.72

Guirenniao 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.


Guirenniao Co (SHSE:603555) Business Description

Traded in Other Exchanges
N/A
Address
Surabaya Road 629, Wuyuan Bay Operations Center, 18th Floor Xiangan Business Building, Huli District, Fujian Province, Xiamen, CHN
Guirenniao Co Ltd is engaged in design, production and marketing of sports shoes, sports apparel and accessories.
Executives
Fan Ling Yun Supervisors
Lin Si En Director

Guirenniao Co (SHSE:603555) Headlines

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