Meiwu Technology Co (Meiwu Technology Co) Accounts Payable & Accrued Expense : $7.42 Mil (As of Jun. 2023)

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What is Meiwu Technology Co Accounts Payable & Accrued Expense?

Meiwu Technology Co's quarterly accounts payable & accrued expense increased from Jun. 2022 ($2.93 Mil) to Dec. 2022 ($7.16 Mil) and increased from Dec. 2022 ($7.16 Mil) to Jun. 2023 ($7.42 Mil).

Meiwu Technology Co's annual accounts payable & accrued expense declined from Dec. 2020 ($7.39 Mil) to Dec. 2021 ($2.59 Mil) but then increased from Dec. 2021 ($2.59 Mil) to Dec. 2022 ($7.16 Mil).

Meiwu Technology Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Meiwu Technology 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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Meiwu Technology Co Accounts Payable & Accrued Expense Chart

Meiwu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

0.55

1.54

7.39

2.59

7.16

Meiwu Technology Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					3.88	2.59	2.93	7.16	7.42

Meiwu Technology 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.

Meiwu Technology Co (Meiwu Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meiwu Technology Co Ltd (NAS:WNW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 743 Zhoushi Road, Hangcheng Street, 1602, Building C, Shenye Century Industrial Center, Bao’an District, Shenzhen, CHN

Website

https://www.wnw108.com

Meiwu Technology Co Ltd operates as an online food retail store and franchise restaurants in China. The products offered include green food, organic food, intangible cultural heritage food products, agricultural products bearing geographical indications, and pollution-free products. It operates in three segments: Clean Food Platform, which generates nearly all of its revenue; Restaurant; and Others.