Rainbow Digital Commercial Co (SZSE:002419) Accounts Payable & Accrued Expense : ¥3,787 Mil (As of Mar. 2024)

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What is Rainbow Digital Commercial Co Accounts Payable & Accrued Expense?

Rainbow Digital Commercial Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,911 Mil) to Dec. 2023 (¥4,251 Mil) but then declined from Dec. 2023 (¥4,251 Mil) to Mar. 2024 (¥3,787 Mil).

Rainbow Digital Commercial Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥4,367 Mil) to Dec. 2022 (¥4,063 Mil) but then increased from Dec. 2022 (¥4,063 Mil) to Dec. 2023 (¥4,251 Mil).

Rainbow Digital Commercial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rainbow Digital Commercial 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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Rainbow Digital Commercial Co Accounts Payable & Accrued Expense Chart

Rainbow Digital Commercial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,709.19

4,454.59

4,366.76

4,063.37

4,251.16

Rainbow Digital Commercial 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															3,406.96	3,472.21	3,910.51	4,251.16	3,787.26

Rainbow Digital Commercial 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.

Rainbow Digital Commercial Co (SZSE:002419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rainbow Digital Commercial Co Ltd (SZSE:002419) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 3019, Central Road (Shenzhen Bay Section), 9th-14th Floor, 17th-20th Floor, Tianhong Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518026

Website

http://www.rainbow.cn

Rainbow Digital Commercial Co Ltd operates a platform-based business with department stores, shopping malls and vertical business with supermarkets, convenience stores. It sells daily necessities, textiles, clothing, cosmetics, food, salt, beverages, health foods, agricultural and sideline products, household appliances and electronic products, culture, sports goods and equipment, building materials and chemical products.

Executives

Chen Zhi Xiang	Supervisors
Jiang Yong	Executives
Chen Yu	Supervisors
Wu Jian Qiong	Executives
Hou Yi	Executives
Wan Ying	Secretary Dong
Zhang Xu Hua	Executives
Zheng Man	Executives
Song Yao Ming	Executives
Sun Jin Cheng	Executives
Gao Shu Lin	Directors, executives

Rainbow Digital Commercial Co (SZSE:002419) Headlines

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