Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Accounts Payable & Accrued Expense : ¥193.8 Mil (As of Mar. 2024)

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What is Fujian Yanjing Huiquan Brewery Co Accounts Payable & Accrued Expense?

Fujian Yanjing Huiquan Brewery Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥254.6 Mil) to Dec. 2023 (¥145.8 Mil) but then increased from Dec. 2023 (¥145.8 Mil) to Mar. 2024 (¥193.8 Mil).

Fujian Yanjing Huiquan Brewery Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥92.7 Mil) to Dec. 2022 (¥155.6 Mil) but then declined from Dec. 2022 (¥155.6 Mil) to Dec. 2023 (¥145.8 Mil).

Fujian Yanjing Huiquan Brewery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fujian Yanjing Huiquan Brewery 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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Fujian Yanjing Huiquan Brewery Co Accounts Payable & Accrued Expense Chart

Fujian Yanjing Huiquan Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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64.49

65.64

92.73

155.56

145.81

Fujian Yanjing Huiquan Brewery 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 & Accrued Expense	Get a 7-Day Free Trial															189.85	246.99	254.56	145.81	193.77

Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fujian Yanjing Huiquan Brewery Co Ltd (SHSE:600573) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

Fujian 157 Main Street towns, Hui'an County, Quanzhou, Fujian, CHN

Website

http://www.hqbeer.com/

Fujian Yanjing Huiquan Brewery Co Ltd manufactures beer. The company has three facilities for the production of beer. The product portfolio includes - Huiquan Yimai beer, Huiquan small fresh beer, Huiquan pure draft beer, Huiquan European knight beer, and Huiquan bottled canned beer.

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