Longfor Group Holdings (Longfor Group Holdings) Accounts Payable : $5,950 Mil (As of Dec. 2023)

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What is Longfor Group Holdings Accounts Payable?

Longfor Group Holdings's Accounts Payable for the quarter that ended in Dec. 2023 was $5,950 Mil.

Longfor Group Holdings's quarterly Accounts Payable declined from Dec. 2022 ($9,241 Mil) to Jun. 2023 ($5,788 Mil) but then increased from Jun. 2023 ($5,788 Mil) to Dec. 2023 ($5,950 Mil).

Longfor Group Holdings's annual Accounts Payable declined from Dec. 2021 ($15,914 Mil) to Dec. 2022 ($9,241 Mil) and declined from Dec. 2022 ($9,241 Mil) to Dec. 2023 ($5,950 Mil).

Longfor Group Holdings Accounts Payable Historical Data

The historical data trend for Longfor Group Holdings'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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Longfor Group Holdings Accounts Payable Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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10,577.51

13,763.71

15,914.04

9,241.45

5,949.71

Longfor Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable	Get a 7-Day Free Trial															15,914.04	14,378.57	9,241.45	5,788.02	5,949.71

Longfor Group Holdings 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.

Longfor Group Holdings Accounts Payable Related Terms

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Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » Accounts Payable

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.