Zoy Home Furnishing Co (SHSE:603709) Accounts Payable & Accrued Expense : ¥423 Mil (As of Mar. 2024)

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What is Zoy Home Furnishing Co Accounts Payable & Accrued Expense?

Zoy Home Furnishing Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥360 Mil) to Dec. 2023 (¥439 Mil) but then declined from Dec. 2023 (¥439 Mil) to Mar. 2024 (¥423 Mil).

Zoy Home Furnishing Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥356 Mil) to Dec. 2022 (¥240 Mil) but then increased from Dec. 2022 (¥240 Mil) to Dec. 2023 (¥439 Mil).

Zoy Home Furnishing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zoy Home Furnishing 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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Zoy Home Furnishing Co Accounts Payable & Accrued Expense Chart

Zoy Home Furnishing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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411.02

429.54

355.81

240.10

439.11

Zoy Home Furnishing 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															254.10	308.29	360.35	439.11	422.98

Zoy Home Furnishing 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.

Zoy Home Furnishing Co (SHSE:603709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zoy Home Furnishing Co Ltd (SHSE:603709) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Tangpu Industrial Park, Anji County, Zhejiang Province, Huzhou, CHN, 313300

Website

http://www.zoy-living.com

Zoy Home Furnishing Co Ltd manufactures and markets furniture. The Company designs, produces, and sells ordinary and ergonomic sofas, and other related products. The company's products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs.

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