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Midea Group Co (FRA:1520) Accounts Payable : €15,579 Mil (As of Dec. 2024)


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What is Midea Group Co Accounts Payable?

Midea Group Co's Accounts Payable for the quarter that ended in Dec. 2024 was €15,579 Mil.

Midea Group Co's quarterly Accounts Payable increased from Jun. 2024 (€13,856 Mil) to Sep. 2024 (€13,949 Mil) and increased from Sep. 2024 (€13,949 Mil) to Dec. 2024 (€15,579 Mil).

Midea Group Co's annual Accounts Payable declined from Dec. 2022 (€12,160 Mil) to Dec. 2023 (€12,103 Mil) but then increased from Dec. 2023 (€12,103 Mil) to Dec. 2024 (€15,579 Mil).

Midea Group Co Accounts Payable Historical Data

The historical data trend for Midea Group Co's Accounts Payable 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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Midea Group Co Accounts Payable Chart

Midea Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,330.18 13,719.09 12,160.09 12,102.79 15,579.46

Midea Group Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,102.79 12,900.81 13,855.95 13,949.46 15,579.46

Midea Group Co Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Midea Group Co Accounts Payable Related Terms

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Midea Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (FRA:1520) » Definitions » Accounts Payable
Comparable Companies
SZSE:000651 SHSE:600690 SHSE:605117 SHSE:600839 SZSE:002032 SZSE:000921 SHSE:603833 SHSE:603486 SZSE:002508 SHSE:603816 SGI SN TSE:9843 MHK NSE:VOLTAS XPAR:SK LSE:HWDN TPE:2059 MIL:DLG WHR
Traded in Other Exchanges
00300:Hong Kong 1520:Germany 000333:China
Address
No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311
Website
http://www.midea.com
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside China.

Midea Group Co Headlines

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