Changhong Meiling Co (SZSE:000521) Accounts Payable & Accrued Expense : ¥13,037 Mil (As of Mar. 2024)

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What is Changhong Meiling Co Accounts Payable & Accrued Expense?

Changhong Meiling Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥11,487 Mil) to Dec. 2023 (¥11,207 Mil) but then increased from Dec. 2023 (¥11,207 Mil) to Mar. 2024 (¥13,037 Mil).

Changhong Meiling Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥8,279 Mil) to Dec. 2022 (¥9,139 Mil) and increased from Dec. 2022 (¥9,139 Mil) to Dec. 2023 (¥11,207 Mil).

Changhong Meiling Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Changhong Meiling 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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Changhong Meiling Co Accounts Payable & Accrued Expense Chart

Changhong Meiling Co Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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6,787.93

8,396.31

8,279.31

9,139.02

11,206.94

Changhong Meiling 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															10,004.15	12,214.42	11,486.65	11,206.94	13,037.22

Changhong Meiling 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.

Changhong Meiling Co (SZSE:000521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Changhong Meiling Co Ltd (SZSE:000521) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

200521:China

Address

No. 2163, Lianhua Road, Economic and technology Development Zone, Hefei, Anhui, CHN, 230601

Website

http://www.meiling.com

Changhong Meiling Co Ltd functions in the consumer electronic industry of China. Its product portfolio comprises of refrigerators, air conditioners, washing machines and other household appliances. Hefei Meiling conducts its operations through five segments; Air-conditioning, Refrigerator & freezer & washing machine, Marketing, Small home appliance and Others. The company's washing machine varieties include fully automatic, roller and double barrel and the air conditioning products range include Guiji and Goodbye.

Executives

Tang You Dao	Executives
Li Xia	Secretary Dong
Zhong Ming	Directors, executives
Li Wei	Director
Wu Ding Gang	Directors, executives
Zhang Xiao Long	Executives
Liao Tao	Executives
Shang Wen	Supervisors
Kou Hua Meng	Director
Deng Xiao Hui	Executives
Wang Ying Min	Executives
Wang Yong	Director
Liu Ti Bin	Director

Changhong Meiling Co (SZSE:000521) Headlines

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