Huali Industrial Group Co (SZSE:300979) Accounts Payable & Accrued Expense : ¥3,228 Mil (As of Mar. 2024)

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What is Huali Industrial Group Co Accounts Payable & Accrued Expense?

Huali Industrial Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥3,400 Mil) to Dec. 2023 (¥3,351 Mil) and declined from Dec. 2023 (¥3,351 Mil) to Mar. 2024 (¥3,228 Mil).

Huali Industrial Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥3,134 Mil) to Dec. 2022 (¥2,992 Mil) but then increased from Dec. 2022 (¥2,992 Mil) to Dec. 2023 (¥3,351 Mil).

Huali Industrial Group Co Accounts Payable & Accrued Expense Historical Data

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

Huali Industrial Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,872.08

2,468.30

3,133.97

2,991.78

3,351.01

Huali Industrial Group Co Quarterly Data
	Dec18	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															2,714.63	4,250.18	3,400.38	3,351.01	3,228.01

Huali Industrial 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.

Huali Industrial Group Co (SZSE:300979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Huali Industrial Group Co Ltd (SZSE:300979) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Shijiyi Road, 1st Floor, Building 3, Torch Development Zone, Guangdong Province, Zhongshan, CHN, 528437

Website

http://www.huali-group.com

Huali Industrial Group Co Ltd is engaged in the development, design, production and sales of sports shoes. It is a manufacturer of sports shoes, mainly Nike, Converse, Vans, Puma, UGG, Columbia, Under Armour, HOKA ONE ONE And other world-renowned sports brands provide development, design and manufacturing services.

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