Modern Avenue Group Co (SZSE:002656) Accounts Payable & Accrued Expense : ¥47.1 Mil (As of Mar. 2025)

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What is Modern Avenue Group Co Accounts Payable & Accrued Expense?

Modern Avenue Group Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (¥65.3 Mil) to Dec. 2024 (¥61.1 Mil) and declined from Dec. 2024 (¥61.1 Mil) to Mar. 2025 (¥47.1 Mil).

Modern Avenue Group Co's annual accounts payable & accrued expense declined from Dec. 2022 (¥103.7 Mil) to Dec. 2023 (¥78.0 Mil) and declined from Dec. 2023 (¥78.0 Mil) to Dec. 2024 (¥61.1 Mil).

Modern Avenue Group Co Accounts Payable & Accrued Expense Historical Data

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

Modern Avenue Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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183.23

115.60

103.68

78.03

61.13

Modern Avenue Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															67.62	65.36	65.31	61.13	47.11

Modern Avenue 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.

Modern Avenue Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Modern Avenue Group Co Ltd (SZSE:002656) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 23 Guangpu Middle Road, Science City, Huangpu District, Guangdong Province, Guangzhou, CHN, 510663

Website

https://www.modernavenuegroup.com

Modern Avenue Group Co Ltd is a fashion brand operator. The company manufactures, designs, markets and retails a wide range of men's clothing such as business series and vacation series. The company has seven channels of business operations: Modern Avenue e-commerce platform, high-end shopping malls, high-end boutique buyers, Hong Kong and Macao channels, airport channels, third-party e-commerce platforms, and new media channels. Its principal geographical areas for its operations are located in Asia Pacific, Europe, the United States, and the Middle East.

Executives

Lin Yong Fei	Director
Weng Wu Qiang	Directors, executives
Yang Hou Wei	Directors, executives

Modern Avenue Group Co Headlines

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