Sun Art Retail Group (Sun Art Retail Group) Accounts Payable & Accrued Expense : $1,967 Mil (As of Sep. 2023)

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What is Sun Art Retail Group Accounts Payable & Accrued Expense?

Sun Art Retail Group's quarterly accounts payable & accrued expense declined from Sep. 2022 ($2,312 Mil) to Mar. 2023 ($1,992 Mil) and declined from Mar. 2023 ($1,992 Mil) to Sep. 2023 ($1,967 Mil).

Sun Art Retail Group's annual accounts payable & accrued expense declined from Dec. 2019 ($2,858 Mil) to Mar. 2022 ($2,343 Mil) and declined from Mar. 2022 ($2,343 Mil) to Mar. 2023 ($1,992 Mil).

Sun Art Retail Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sun Art Retail Group'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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Sun Art Retail Group Accounts Payable & Accrued Expense Chart

Sun Art Retail Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Accounts Payable & Accrued Expense

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4,126.22

3,036.16

2,858.26

2,342.94

1,991.90

Sun Art Retail Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,526.99	2,342.94	2,311.85	1,991.90	1,967.00

Sun Art Retail Group 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.

Sun Art Retail Group (Sun Art Retail Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

SURRY:USA 06808:Hong Kong SRI:Germany

Address

183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG

Website

https://www.sunartretail.com

Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

From GuruFocus

Matthews China Fund Comments on Sun Art Retail Group Ltd

By Vera Yuan Vera Yuan • 07-30-2015