Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Accounts Payable & Accrued Expense : $942 Mil (As of Mar. 2024)

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What is Xinhua Winshare Publishing & Media Co Accounts Payable & Accrued Expense?

Xinhua Winshare Publishing & Media Co's quarterly accounts payable & accrued expense declined from Sep. 2023 ($990 Mil) to Dec. 2023 ($967 Mil) and declined from Dec. 2023 ($967 Mil) to Mar. 2024 ($942 Mil).

Xinhua Winshare Publishing & Media Co's annual accounts payable & accrued expense declined from Dec. 2021 ($1,013 Mil) to Dec. 2022 ($948 Mil) but then increased from Dec. 2022 ($948 Mil) to Dec. 2023 ($967 Mil).

Xinhua Winshare Publishing & Media Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Xinhua Winshare Publishing & Media 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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Xinhua Winshare Publishing & Media Co Accounts Payable & Accrued Expense Chart

Xinhua Winshare Publishing & Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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726.33

885.24

1,013.35

947.92

967.19

Xinhua Winshare Publishing & Media 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															954.02	871.11	989.82	967.19	942.38

Xinhua Winshare Publishing & Media 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.

Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Xinhua Winshare Publishing & Media Co Ltd (OTCPK:SHXWF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

00811:Hong Kong 601811:China

Address

No. 238 Sanse Road, Unit 1, Block 1, Jinjiang District, Sichuan, Chengdu, CHN

Website

https://www.winshare.com.cn

Xinhua Winshare Publishing & Media Co Ltd is engaged in the publishing of books, periodicals and audio-visual products and distribution of textbooks and supplementary materials. It operates its activity in China through two operating segments; the Publication segment which includes the publishing of books, periodicals and audiovisual products and the Distribution segment which comprises of distribution of textbooks and supplementary materials. The group generates a majority of its revenue from the Distribution segment.

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