Henglin Home Furnishings Co (SHSE:603661) Accounts Payable & Accrued Expense : ¥2,357 Mil (As of Mar. 2024)

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What is Henglin Home Furnishings Co Accounts Payable & Accrued Expense?

Henglin Home Furnishings Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,871 Mil) to Dec. 2023 (¥2,372 Mil) but then declined from Dec. 2023 (¥2,372 Mil) to Mar. 2024 (¥2,357 Mil).

Henglin Home Furnishings Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,661 Mil) to Dec. 2022 (¥2,268 Mil) and increased from Dec. 2022 (¥2,268 Mil) to Dec. 2023 (¥2,372 Mil).

Henglin Home Furnishings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Henglin Home Furnishings 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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Henglin Home Furnishings Co Accounts Payable & Accrued Expense Chart

Henglin Home Furnishings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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702.79

1,409.89

1,661.12

2,268.22

2,371.89

Henglin Home Furnishings 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															1,980.56	1,904.07	1,870.67	2,371.89	2,357.13

Henglin Home Furnishings 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.

Henglin Home Furnishings Co (SHSE:603661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Henglin Home Furnishings Co Ltd (SHSE:603661) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 378-380, Jiaxi Road, Dipu Street, Dipu Town, Anji County, Huzhou, CHN, 313300

Website

http://w.henglin.com

Henglin Home Furnishings Co Ltd manufactures and markets office furniture. The company integrates research and development, manufacturing and selling a health range product like office chairs, sofas, and massage chairs. It has several retailers in Europe, the United States, Japan, and other overseas markets.

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