Luzhou Laojiao Co (SZSE:000568) Accounts Payable : ¥2,257 Mil (As of Mar. 2024)

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What is Luzhou Laojiao Co Accounts Payable?

Luzhou Laojiao Co's Accounts Payable for the quarter that ended in Mar. 2024 was ¥2,257 Mil.

Luzhou Laojiao Co's quarterly Accounts Payable declined from Sep. 2023 (¥2,390 Mil) to Dec. 2023 (¥2,357 Mil) and declined from Dec. 2023 (¥2,357 Mil) to Mar. 2024 (¥2,257 Mil).

Luzhou Laojiao Co's annual Accounts Payable declined from Dec. 2021 (¥2,420 Mil) to Dec. 2022 (¥2,312 Mil) but then increased from Dec. 2022 (¥2,312 Mil) to Dec. 2023 (¥2,357 Mil).

Luzhou Laojiao Co Accounts Payable Historical Data

The historical data trend for Luzhou Laojiao 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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Luzhou Laojiao Co Accounts Payable Chart

Luzhou Laojiao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable

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1,868.62

2,725.57

2,420.35

2,311.67

2,357.22

Luzhou Laojiao 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	Get a 7-Day Free Trial															2,260.19	2,164.80	2,390.13	2,357.22	2,256.89

Luzhou Laojiao 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.

Luzhou Laojiao Co Accounts Payable Related Terms

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Luzhou Laojiao Co (SZSE:000568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Luzhou Laojiao Co Ltd (SZSE:000568) » Definitions » Accounts Payable

Traded in Other Exchanges

N/A

Address

Nanguang road, Luzhou Laojiao Marketing Network Command Center, Longmatan District, Sichuan Province, Luzhou, CHN, 646000

Website

https://www.lzlj.com

Luzhou Laojiao, or Laojiao, is one of China's leading premium baijiu producers. Its primary product, National Cellar 1573, is widely known as one of the best rich-flavored baijiu in the market, which together with Feitian Moutai and flagship Wuliangye are the top three premium products that dominate more than 90% of the high-end baijiu market. The high-quality products, extensive history, and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins. The State-Owned Assets Supervision and Administration Commission of Luzhou City controls 46% of Luzhou Laojiao.

Luzhou Laojiao Co (SZSE:000568) Headlines

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