Tangrenshen Group Co (SZSE:002567) Accounts Payable & Accrued Expense : ¥2,834 Mil (As of Mar. 2024)

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What is Tangrenshen Group Co Accounts Payable & Accrued Expense?

Tangrenshen Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥2,908 Mil) to Dec. 2023 (¥2,646 Mil) but then increased from Dec. 2023 (¥2,646 Mil) to Mar. 2024 (¥2,834 Mil).

Tangrenshen Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥2,105 Mil) to Dec. 2022 (¥3,191 Mil) but then declined from Dec. 2022 (¥3,191 Mil) to Dec. 2023 (¥2,646 Mil).

Tangrenshen Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tangrenshen Group 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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Tangrenshen Group Co Accounts Payable & Accrued Expense Chart

Tangrenshen Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,196.02

1,580.86

2,104.60

3,191.06

2,646.19

Tangrenshen Group 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															2,771.79	2,779.89	2,907.86	2,646.19	2,833.66

Tangrenshen Group 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.

Tangrenshen Group Co (SZSE:002567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tangrenshen Group Co Ltd (SZSE:002567) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Liyu Industrial Park, High-tech Industrial Development Zone, Hunan Province, Zhuzhou, CHN, 412007

Website

https://www.tangrenshen.com.cn

Tangrenshen Group Co Ltd is engaged in the production and distribution of feeds, meats and boars.

Tangrenshen Group Co (SZSE:002567) Headlines

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