Chengdu Hongqi Chain Co (SZSE:002697) Accounts Payable & Accrued Expense : ¥1,559 Mil (As of Mar. 2024)

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What is Chengdu Hongqi Chain Co Accounts Payable & Accrued Expense?

Chengdu Hongqi Chain Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,805 Mil) to Dec. 2023 (¥1,786 Mil) and declined from Dec. 2023 (¥1,786 Mil) to Mar. 2024 (¥1,559 Mil).

Chengdu Hongqi Chain Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,518 Mil) to Dec. 2022 (¥1,841 Mil) but then declined from Dec. 2022 (¥1,841 Mil) to Dec. 2023 (¥1,786 Mil).

Chengdu Hongqi Chain Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chengdu Hongqi Chain 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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Chengdu Hongqi Chain Co Accounts Payable & Accrued Expense Chart

Chengdu Hongqi Chain Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,466.81

1,424.12

1,518.09

1,840.56

1,785.86

Chengdu Hongqi Chain 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															1,724.58	1,691.79	1,805.04	1,785.86	1,558.67

Chengdu Hongqi Chain 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.

Chengdu Hongqi Chain Co (SZSE:002697) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chengdu Hongqi Chain Co Ltd (SZSE:002697) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No.7, Dikang Avenue, High-tech Zone, West District, Sichuan, Chengdu, CHN, 611731

Website

http://www.hqls.com.cn

Chengdu Hongqi Chain Co Ltd is engaged in operating supermarket chain.

Executives

Zhang Ying	Directors, executives
Wang Ning	Executives
Hong Fan	Executives
Chen Hui Jun	Executives
Tan Lei	Executives
Yang Yuan Bin	Executives
Li Xiao Ping	Executives
Yi Wei	Supervisors
Tang Shi Chuan	Supervisors
Cao Shi Ru	Directors, executives
Deng Cheng Gang	Executives
Yu Shi	Executives

Chengdu Hongqi Chain Co (SZSE:002697) Headlines

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