Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Accounts Payable & Accrued Expense : ¥1,352 Mil (As of Mar. 2024)

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What is Inner Mongolia Xinhua Distribution Group Co Accounts Payable & Accrued Expense?

Inner Mongolia Xinhua Distribution Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥1,405 Mil) to Dec. 2023 (¥1,378 Mil) and declined from Dec. 2023 (¥1,378 Mil) to Mar. 2024 (¥1,352 Mil).

Inner Mongolia Xinhua Distribution Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥1,071 Mil) to Dec. 2022 (¥1,259 Mil) and increased from Dec. 2022 (¥1,259 Mil) to Dec. 2023 (¥1,378 Mil).

Inner Mongolia Xinhua Distribution Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Inner Mongolia Xinhua Distribution 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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Inner Mongolia Xinhua Distribution Group Co Accounts Payable & Accrued Expense Chart

Inner Mongolia Xinhua Distribution Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,454.47

956.82

1,070.64

1,259.18

1,378.20

Inner Mongolia Xinhua Distribution Group Co Quarterly Data
	Dec17	Dec18	Dec19	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													1,301.14	1,305.44	1,404.97	1,378.20	1,352.46

Inner Mongolia Xinhua Distribution 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.

Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Inner Mongolia Xinhua Distribution Group Co Ltd (SHSE:603230) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

No. 56, Xinhua Street, No. 1, 4th Floor, Office Building 1, Inner Mongolia Autonomous Region, Hohhot, CHN

Website

http://www.nmgxhfxjt.com

Inner Mongolia Xinhua Distribution Group Co Ltd is engaged in the wholesale and retail of publications; retail of cultural and sports goods; distribution of audio-visual products.

Inner Mongolia Xinhua Distribution Group Co (SHSE:603230) Headlines

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