Midea Real Estate Holding (HKSE:03990) Accounts Payable & Accrued Expense : HK$74,351 Mil (As of Dec. 2023)

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What is Midea Real Estate Holding Accounts Payable & Accrued Expense?

Midea Real Estate Holding's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$73,232 Mil) to Jun. 2023 (HK$73,288 Mil) and increased from Jun. 2023 (HK$73,288 Mil) to Dec. 2023 (HK$74,351 Mil).

Midea Real Estate Holding's annual accounts payable & accrued expense declined from Dec. 2021 (HK$92,086 Mil) to Dec. 2022 (HK$73,232 Mil) but then increased from Dec. 2022 (HK$73,232 Mil) to Dec. 2023 (HK$74,351 Mil).

Midea Real Estate Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Midea Real Estate Holding'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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Midea Real Estate Holding Accounts Payable & Accrued Expense Chart

Midea Real Estate Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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85,283.30

93,372.00

92,086.04

73,231.67

74,350.95

Midea Real Estate Holding Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial										92,086.04	86,514.23	73,231.67	73,288.07	74,350.95

Midea Real Estate Holding 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.

Midea Real Estate Holding (HKSE:03990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Midea Real Estate Holding Ltd (HKSE:03990) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MR9:Germany

Address

No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

https://www.mideadc.com

Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates most of the revenue.

Executives

He Jianfeng	2202 Interest of your spouse
He Xiangjian	2103 Interests held jointly with another person
Midea Development Holding (bvi) Limited	2101 Beneficial owner
Lu Deyan	2201 Interest of corporation controlled by you
Ya Ge Er Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner

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