Wangfujing Group Co (SHSE:600859) Accounts Payable & Accrued Expense : ¥6,035 Mil (As of Mar. 2024)

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What is Wangfujing Group Co Accounts Payable & Accrued Expense?

Wangfujing Group Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥6,350 Mil) to Dec. 2023 (¥6,504 Mil) but then declined from Dec. 2023 (¥6,504 Mil) to Mar. 2024 (¥6,035 Mil).

Wangfujing Group Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥6,451 Mil) to Dec. 2022 (¥5,489 Mil) but then increased from Dec. 2022 (¥5,489 Mil) to Dec. 2023 (¥6,504 Mil).

Wangfujing Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wangfujing 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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Wangfujing Group Co Accounts Payable & Accrued Expense Chart

Wangfujing Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,516.06

7,031.36

6,451.37

5,489.44

6,503.52

Wangfujing Group 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															6,076.08	5,931.92	6,350.02	6,503.52	6,034.51

Wangfujing 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.

Wangfujing Group Co (SHSE:600859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wangfujing Group Co Ltd (SHSE:600859) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 251-253 Wangfujing Avenue, Dongcheng District, Beijing, Beijing, CHN, 100006

Website

http://www.wfj.com.cn

Wangfujing Group Co Ltd is engaged in the development of the retailing business. It owns and operates department stores in Beijing. Wangfujing's retail network covers seven economic regions in South China, Southwest China, Central China, Northwest China, North China, Northeast China, and East China.

Wangfujing Group Co (SHSE:600859) Headlines

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