Shanghai Milkground Food Tech Co (SHSE:600882) Accounts Payable & Accrued Expense : ¥686 Mil (As of Mar. 2024)

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What is Shanghai Milkground Food Tech Co Accounts Payable & Accrued Expense?

Shanghai Milkground Food Tech Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥562 Mil) to Dec. 2023 (¥698 Mil) but then declined from Dec. 2023 (¥698 Mil) to Mar. 2024 (¥686 Mil).

Shanghai Milkground Food Tech Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥962 Mil) to Dec. 2022 (¥711 Mil) and declined from Dec. 2022 (¥711 Mil) to Dec. 2023 (¥698 Mil).

Shanghai Milkground Food Tech Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai Milkground Food Tech 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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Shanghai Milkground Food Tech Co Accounts Payable & Accrued Expense Chart

Shanghai Milkground Food Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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364.38

535.29

961.67

711.39

697.75

Shanghai Milkground Food Tech 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															637.51	607.38	561.92	697.75	686.24

Shanghai Milkground Food Tech 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.

Shanghai Milkground Food Tech Co (SHSE:600882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Milkground Food Tech Co Ltd (SHSE:600882) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136

Website

http://www.groundmilk.com

Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.

Executives

Xie Yi	senior management
Ren Song	Directors, senior managers
Guo Yong Lai	senior management
Liu Da Yong	senior management
Wang Yu Hong	Supervisors
Liu Zong Shang	Director
Hu Yan Chao	senior management
Chai Xiu	Director
Chen Yun	Director
Bai Li Jun	Director
Xu Wei	Director

Shanghai Milkground Food Tech Co (SHSE:600882) Headlines

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