Luyuan Group Holding (Cayman) (HKSE:02451) Accounts Payable & Accrued Expense : HK$1,606 Mil (As of Dec. 2023)

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What is Luyuan Group Holding (Cayman) Accounts Payable & Accrued Expense?

Luyuan Group Holding (Cayman)'s quarterly accounts payable & accrued expense increased from Dec. 2021 (HK$1,519 Mil) to Dec. 2022 (HK$1,796 Mil) but then declined from Dec. 2022 (HK$1,796 Mil) to Dec. 2023 (HK$1,606 Mil).

Luyuan Group Holding (Cayman)'s annual accounts payable & accrued expense increased from Dec. 2021 (HK$1,519 Mil) to Dec. 2022 (HK$1,796 Mil) but then declined from Dec. 2022 (HK$1,796 Mil) to Dec. 2023 (HK$1,606 Mil).

Luyuan Group Holding (Cayman) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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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Luyuan Group Holding (Cayman) Accounts Payable & Accrued Expense Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

920.25

1,518.65

1,795.71

1,606.13

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Accounts Payable & Accrued Expense	920.25	1,518.65	1,795.71	1,606.13

Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Executives

Dingman David Ross	2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited	2101 Beneficial owner
Shipston Evl Holdings Limited	2201 Interest of corporation controlled by you
Shipston Group Limited	2201 Interest of corporation controlled by you
Stonor Group Limited	2201 Interest of corporation controlled by you
Dingman David Ross	2201 Interest of corporation controlled by you
Hu Jihong	2201 Interest of corporation controlled by you
Ni Jie	2201 Interest of corporation controlled by you
Apex Marine Investments Limited	2101 Beneficial owner
Drago Investments Limited	2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

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