Yuan Longping High-tech Agriculture Co (SZSE:000998) Accounts Payable & Accrued Expense : ¥2,619 Mil (As of Mar. 2024)

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What is Yuan Longping High-tech Agriculture Co Accounts Payable & Accrued Expense?

Yuan Longping High-tech Agriculture Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥944 Mil) to Dec. 2023 (¥2,903 Mil) but then declined from Dec. 2023 (¥2,903 Mil) to Mar. 2024 (¥2,619 Mil).

Yuan Longping High-tech Agriculture Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,043 Mil) to Dec. 2022 (¥2,452 Mil) and increased from Dec. 2022 (¥2,452 Mil) to Dec. 2023 (¥2,903 Mil).

Yuan Longping High-tech Agriculture Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yuan Longping High-tech Agriculture 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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Yuan Longping High-tech Agriculture Co Accounts Payable & Accrued Expense Chart

Yuan Longping High-tech Agriculture Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,044.13

930.53

1,043.14

2,452.38

2,902.87

Yuan Longping High-tech Agriculture 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															795.09	810.70	944.27	2,902.87	2,619.13

Yuan Longping High-tech Agriculture 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.

Yuan Longping High-tech Agriculture Co (SZSE:000998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yuan Longping High-tech Agriculture Co Ltd (SZSE:000998) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.459 Chezhan(N)Road, Securities Building, Hunan Province, Changsha, CHN, 410001

Website

http://www.lpht.com.cn

Yuan Longping High-tech Agriculture Co Ltd is a China-based company engaged in the research, production, and sale of seeds, hybrid rice, pepper, corn, cotton, and vegetables. In addition, the company also provides agricultural services like precision planting technology, new professional peasant training, quality grain trading platform, cultivated land rehabilitation and development, brand agriculture and agricultural finance. The company creates an agricultural integrated service platform by including peasants, dealers and other means of agricultural production, finance, and other partners into the integrated service ecological circle.

Executives

Wang Yi Bo	Director
Liao Cui Meng	Directors, executives
Zhang Xiu Kuan	Directors, executives
Tao Yang	Director
Gong Jun Tao	Executives
Sun Wei Hua	Supervisors
Zou Ji Jun	Executives
Long He Ping	Executives
Qi Shao Wu	Director
Peng Guang Jian	Executives
Ma De Hua	Director
Yang Yuan Zhu	Executives
Yuan Ding Jiang	Directors, executives
Wu Yue Shi	Director
Chen Zhi Xin	Secretary Dong

Yuan Longping High-tech Agriculture Co (SZSE:000998) Headlines

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