East Group Co (SZSE:300376) Accounts Payable & Accrued Expense : ¥2,465 Mil (As of Mar. 2024)

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What is East Group Co Accounts Payable & Accrued Expense?

East Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥2,355 Mil) to Dec. 2023 (¥2,612 Mil) but then declined from Dec. 2023 (¥2,612 Mil) to Mar. 2024 (¥2,465 Mil).

East Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥2,194 Mil) to Dec. 2022 (¥2,140 Mil) but then increased from Dec. 2022 (¥2,140 Mil) to Dec. 2023 (¥2,612 Mil).

East Group Co Accounts Payable & Accrued Expense Historical Data

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

East Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,708.99

2,865.09

2,193.91

2,140.24

2,612.13

East 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															1,969.95	1,875.88	2,354.81	2,612.13	2,465.41

East 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.

East Group Co (SZSE:300376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » East Group Co Ltd (SZSE:300376) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 6 Northern Industry Road, Songshan lake, Science and Technology Industrial Park, Dongguan, CHN, 523808

Website

http://www.eastups.com

East Group Co Ltd operates as a power supply manufacturer in China. It focuses on providing green, energy-saving, stable, reliable and continuous power supplies. The products offered by the group include Solar inverters & Solar PV energy solutions, UPS & Data center solutions, Electric vehicle charging station, Stabilizer and Lead-acid maintenance-free battery. Geographically it operates through China and it holds more than 200 representative offices around China. The company's products are sold in both Chinese and international markets.

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