Shandong Linglong Tyre Co (SHSE:601966) Accounts Payable & Accrued Expense : ¥8,630 Mil (As of Mar. 2024)

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What is Shandong Linglong Tyre Co Accounts Payable & Accrued Expense?

Shandong Linglong Tyre Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥8,085 Mil) to Dec. 2023 (¥8,422 Mil) and increased from Dec. 2023 (¥8,422 Mil) to Mar. 2024 (¥8,630 Mil).

Shandong Linglong Tyre Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥9,282 Mil) to Dec. 2022 (¥7,751 Mil) but then increased from Dec. 2022 (¥7,751 Mil) to Dec. 2023 (¥8,422 Mil).

Shandong Linglong Tyre Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shandong Linglong Tyre 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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Shandong Linglong Tyre Co Accounts Payable & Accrued Expense Chart

Shandong Linglong Tyre Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5,585.02

7,489.83

9,281.94

7,750.83

8,422.30

Shandong Linglong Tyre 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															7,565.94	7,621.72	8,085.35	8,422.30	8,630.31

Shandong Linglong Tyre 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.

Shandong Linglong Tyre Co (SHSE:601966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shandong Linglong Tyre Co Ltd (SHSE:601966) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 777, Jinlong Road, Shandong, Zhaoyuan, CHN, 265406

Website

http://www.linglong.cn

Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires and others. It offers tire products under the brands Linglong, LEAO, Infinity, Shanling, and Atlas.

Executives

Yang Ke Feng	Director
Lv Xiao Yan	senior management
Sun Song Tao	senior management
Feng Bao Chun	senior management

Shandong Linglong Tyre Co (SHSE:601966) Headlines

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