Flat Glass Group Co (HKSE:06865) Accounts Payable & Accrued Expense : HK$4,936 Mil (As of Mar. 2024)

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What is Flat Glass Group Co Accounts Payable & Accrued Expense?

Flat Glass Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (HK$0 Mil) to Dec. 2023 (HK$5,456 Mil) but then declined from Dec. 2023 (HK$5,456 Mil) to Mar. 2024 (HK$4,936 Mil).

Flat Glass Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$3,095 Mil) to Dec. 2022 (HK$5,654 Mil) but then declined from Dec. 2022 (HK$5,654 Mil) to Dec. 2023 (HK$5,456 Mil).

Flat Glass Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Flat Glass Group Co'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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Flat Glass Group Co Accounts Payable & Accrued Expense Chart

Flat Glass Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,293.78

2,038.32

3,095.00

5,653.84

5,456.20

Flat Glass Group Co Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															-	5,376.20	-	5,456.20	4,936.15

Flat Glass Group Co 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.

Flat Glass Group Co (HKSE:06865) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Flat Glass Group Co Ltd (HKSE:06865) » Definitions » Accounts Payable & Accrued Expense

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FGSGF:USA 72T:Germany 601865:China

Address

1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN

Website

https://www.flatgroup.com.cn

Flat Glass Group Co Ltd manufactures and sells glass and glass products. The Company operates in six segments: Photovoltaic (PV) Glass, Household Glass, Architectural Glass, Float glass, Mining products, and Other businesses. The majority of revenue is derived from the PV glass segment. Its geographical segments are China, Asia (excluding the PRC and Japan), Europe, North America, and Others.

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