Gree Electric Appliances of Zhuhai (SZSE:000651) Accounts Payable & Accrued Expense : ¥73,564 Mil (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Gree Electric Appliances of Zhuhai Accounts Payable & Accrued Expense?

Gree Electric Appliances of Zhuhai's quarterly accounts payable & accrued expense increased from Mar. 2024 (¥72,525 Mil) to Jun. 2024 (¥92,542 Mil) but then declined from Jun. 2024 (¥92,542 Mil) to Sep. 2024 (¥73,564 Mil).

Gree Electric Appliances of Zhuhai's annual accounts payable & accrued expense increased from Dec. 2021 (¥89,079 Mil) to Dec. 2022 (¥90,096 Mil) but then declined from Dec. 2022 (¥90,096 Mil) to Dec. 2023 (¥79,028 Mil).

Gree Electric Appliances of Zhuhai Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gree Electric Appliances of Zhuhai'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.

* Premium members only.

Gree Electric Appliances of Zhuhai Accounts Payable & Accrued Expense Chart

Gree Electric Appliances of Zhuhai Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

76,789.47

61,077.84

89,079.30

90,095.67

79,028.00

Gree Electric Appliances of Zhuhai Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															83,802.26	79,028.00	72,524.54	92,542.36	73,564.27

Gree Electric Appliances of Zhuhai 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.

Gree Electric Appliances of Zhuhai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Gree Electric Appliances Inc of Zhuhai (SZSE:000651) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinji West Road, Qianshan, Guangdong Province, Zhuhai, CHN, 519070

Website

http://www.gree.com.cn

Gree Electric Appliances is one of the largest heating, ventilating, and air conditioning, or HVAC, product manufacturers in China, with key products such as residential and commercial air conditioners. Gree generates over 80% of sales domestically and is backed by China's Zhuhai local government. Air conditioners remain the biggest contributor to Gree's earnings, with an over 70% representation over the years. The company has also made forays into industrial component parts, photovoltaic equipment, new energy vehicles, and battery production. As of March 2024, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 17% of its total equity interest, while state-owned Zhuhai Gree Group owned 3.4%.

Executives

Deng Xiao Bo	Secretary, Director
Duan Xiu Feng	Supervisors
Zhang Wei	Director
Tan Jian Ming	Executives
Huang Hui	Directors, executives
Zhang Jun Du	Director
Xu Zi Fa	Director
Dong Ming Zhu	Directors, executives
Liu Jun	Executives
Wang Jing Dong	Directors, executives
Yang Yong Xing	Securities Affairs Representative
Chen Wei Cai	Executives
Wang Li Qin	Supervisors
Meng Xiang Kai	Director
Zhuang Pei	Executives

Gree Electric Appliances of Zhuhai Headlines

No Headlines