Zhongsheng Group Holdings (HKSE:00881) Accounts Payable & Accrued Expense : HK$15,657 Mil (As of Dec. 2023)

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What is Zhongsheng Group Holdings Accounts Payable & Accrued Expense?

Zhongsheng Group Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$12,355 Mil) to Jun. 2023 (HK$19,032 Mil) but then declined from Jun. 2023 (HK$19,032 Mil) to Dec. 2023 (HK$15,657 Mil).

Zhongsheng Group Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$15,631 Mil) to Dec. 2022 (HK$12,355 Mil) but then increased from Dec. 2022 (HK$12,355 Mil) to Dec. 2023 (HK$15,657 Mil).

Zhongsheng Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zhongsheng Group Holdings'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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Zhongsheng Group Holdings Accounts Payable & Accrued Expense Chart

Zhongsheng Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,953.75

8,962.38

15,630.94

12,354.56

15,657.32

Zhongsheng 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 & Accrued Expense	Get a 7-Day Free Trial															15,630.94	18,002.39	12,354.56	19,031.80	15,657.32

Zhongsheng Group Holdings 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.

Zhongsheng Group Holdings (HKSE:00881) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhongsheng Group Holdings Ltd (HKSE:00881) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ZSHGY:USA 5Z0:Germany

Address

No. 20 Hequ Street, Shahekou District, Dalian, CHN, 116000

Website

https://www.zs-group.com.cn

Zhongsheng Group Holdings Ltd is an automobile dealer in China. The company is focused on luxury and mid-to-high end automobile brands including luxury brands of Mercedes-Benz, Lexus and Audi, Porsche and Landrover, and mid-to-high end brands of Toyota, Nissan, and Volkswagen, Chrysler. It provides sales and services for motor vehicles.

Zhongsheng Group Holdings (HKSE:00881) Headlines

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