Luthai Textile Co (SZSE:200726) Accounts Payable & Accrued Expense : HK$588 Mil (As of Mar. 2025)

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What is Luthai Textile Co Accounts Payable & Accrued Expense?

Luthai Textile Co's quarterly accounts payable & accrued expense declined from Sep. 2024 (HK$695 Mil) to Dec. 2024 (HK$692 Mil) and declined from Dec. 2024 (HK$692 Mil) to Mar. 2025 (HK$588 Mil).

Luthai Textile Co's annual accounts payable & accrued expense declined from Dec. 2022 (HK$834 Mil) to Dec. 2023 (HK$711 Mil) and declined from Dec. 2023 (HK$711 Mil) to Dec. 2024 (HK$692 Mil).

Luthai Textile Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luthai Textile 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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Luthai Textile Co Accounts Payable & Accrued Expense Chart

Luthai Textile Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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667.36

898.85

834.08

710.99

691.86

Luthai Textile 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															540.89	543.70	695.35	691.86	588.33

Luthai Textile 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.

Luthai Textile Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Luthai Textile Co Ltd (SZSE:200726) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

000726:China

Address

Number 11, Mingbo Road, High-tech Industry Development Zone, Shandong, Zibo, CHN, 255086

Website

http://www.lttc.com.cn

Luthai Textile Co Ltd is a China-based company. Its business includes the production, processing and sales business of cotton yarn, yarn dyed fabrics, shirts, fashion accessories, health underwear and other textile products and their mating products; design, Research and development, technology services of the textile and garment products. It has four segments which are Textile and apparel, Cotton, Electricity and steam, and Other. Most of the revenue generated from the Textile and apparel segment.

Executives

Pan Ping Li	Executives
Liu Zi Long	Supervisors
Qin Gui Ling	Secretary, Director
Zhang Hong Mei	Executives
Lv Yong Chen	Executives
Wang Fang Shui	Directors, executives
Zheng Wei Yin	Securities Affairs Representative
Zhu Ling Wen	Supervisors
Liu Shi Zhen	Director
Zhang Ke Ming	Executives
Bai Nian Yue	Executives
Zhang Shou Gang	Executives
Zhang Jian Xiang	Executives
Yu Yong Bin	Executives
Li Tong Min	Supervisors

Luthai Textile Co Headlines

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