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SURRF (Sun Art Retail Group) Accounts Payable & Accrued Expense : $1,821 Mil (As of Sep. 2024)


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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. 2023 ($1,967 Mil) to Mar. 2024 ($1,651 Mil) but then increased from Mar. 2024 ($1,651 Mil) to Sep. 2024 ($1,821 Mil).

Sun Art Retail Group's annual accounts payable & accrued expense declined from Mar. 2022 ($2,343 Mil) to Mar. 2023 ($1,992 Mil) and declined from Mar. 2023 ($1,992 Mil) to Mar. 2024 ($1,651 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 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23 Mar24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,036.16 2,858.26 2,342.94 1,991.90 1,651.18

Sun Art Retail Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 2,311.85 1,991.90 1,967.00 1,651.18 1,821.09

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 Business Description

Traded in Other Exchanges
Address
No. 255, Jiangchang Xi Road, Jingan District, Shanghai, CHN, 200436
Sun Art Retail Group Ltd is engaged in the operation of brick-and-mortar stores and online sales channels in the People's Republic of China. It operates its business with hypermarkets, superstores, and membership stores under RT-Mart, RT-Super, and M-Club and generates revenue from the sales of goods to customers, membership fees, and rental from leasing areas in the hypermarket buildings. Geographically, the company generates all of its revenue from the People's Republic of China.