Jiangling Motors (SZSE:200550) Accounts Payable & Accrued Expense : HK$16,968 Mil (As of Mar. 2024)

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What is Jiangling Motors Accounts Payable & Accrued Expense?

Jiangling Motors's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$16,913 Mil) to Dec. 2023 (HK$17,970 Mil) but then declined from Dec. 2023 (HK$17,970 Mil) to Mar. 2024 (HK$16,968 Mil).

Jiangling Motors's annual accounts payable & accrued expense declined from Dec. 2021 (HK$19,604 Mil) to Dec. 2022 (HK$17,641 Mil) but then increased from Dec. 2022 (HK$17,641 Mil) to Dec. 2023 (HK$17,970 Mil).

Jiangling Motors Accounts Payable & Accrued Expense Historical Data

The historical data trend for Jiangling Motors'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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Jiangling Motors Accounts Payable & Accrued Expense Chart

Jiangling Motors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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14,329.07

17,968.65

19,604.39

17,641.46

17,970.40

Jiangling Motors 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															16,245.59	17,396.12	16,913.35	17,970.40	16,968.32

Jiangling Motors 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.

Jiangling Motors (SZSE:200550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangling Motors Corp Ltd (SZSE:200550) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

000550:China

Address

No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001

Website

http://www.jmc.com.cn

Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.

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