Jiugui Liquor Co (SZSE:000799) Accounts Payable & Accrued Expense : ¥893 Mil (As of Mar. 2024)

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What is Jiugui Liquor Co Accounts Payable & Accrued Expense?

Jiugui Liquor Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥912 Mil) to Dec. 2023 (¥1,025 Mil) but then declined from Dec. 2023 (¥1,025 Mil) to Mar. 2024 (¥893 Mil).

Jiugui Liquor Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥895 Mil) to Dec. 2022 (¥1,135 Mil) but then declined from Dec. 2022 (¥1,135 Mil) to Dec. 2023 (¥1,025 Mil).

Jiugui Liquor Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiugui Liquor 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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Jiugui Liquor Co Accounts Payable & Accrued Expense Chart

Jiugui Liquor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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577.48

654.80

895.43

1,134.66

1,025.15

Jiugui Liquor 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															1,136.54	1,361.45	912.05	1,025.15	892.54

Jiugui Liquor 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.

Jiugui Liquor Co (SZSE:000799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiugui Liquor Co Ltd (SZSE:000799) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Luohe Street, Zhenwuying Village, Hunan province, Jishou, CHN, 410015

Website

http://www.jiuguijiu000799.com

Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 29%, 56% and 15% of total sales revenue in 2022. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2022.

Executives

Tang Zhen Yu	Secretary Dong
Zheng Yi	Directors, executives
Li Wen Sheng	Executives
Hu Xiao Xi	Executives
Wang Hao	Director
Wang Zhe	Executives
Zhao Chun Lei	Executives
Wang Yan Ru	Independent director
Han Dong	Executives
Yang Jian Jun	Executives
Yang Bo	Director

Jiugui Liquor Co (SZSE:000799) Headlines

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