Nongfu Spring Co (STU:7NF) Accounts Payable & Accrued Expense : €1,555 Mil (As of Dec. 2023)

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What is Nongfu Spring Co Accounts Payable & Accrued Expense?

Nongfu Spring Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (€1,150 Mil) to Jun. 2023 (€2,548 Mil) but then declined from Jun. 2023 (€2,548 Mil) to Dec. 2023 (€1,555 Mil).

Nongfu Spring Co's annual accounts payable & accrued expense increased from Dec. 2021 (€854 Mil) to Dec. 2022 (€1,150 Mil) and increased from Dec. 2022 (€1,150 Mil) to Dec. 2023 (€1,555 Mil).

Nongfu Spring Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nongfu Spring 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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Nongfu Spring Co Accounts Payable & Accrued Expense Chart

Nongfu Spring Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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502.24

582.35

854.26

1,149.64

1,555.04

Nongfu Spring Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							854.26	1,908.96	1,149.64	2,548.13	1,555.04

Nongfu Spring 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.

Nongfu Spring Co (STU:7NF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Nongfu Spring Co Ltd (STU:7NF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

NNFSF:USA 09633:Hong Kong

Address

No. 181, Geyazhuang, Xihu District, Hangzhou, CHN, 310024

Website

https://www.nongfuspring.com

Founded in 1996, Nongfu Spring is a leading manufacturer of bottled water, ready-to-drink tea, juice and functional beverages in China. It holds the number-one share in the bottled water market; this segment contributed approximately 55% of the firm's revenue and EBIT in 2022.

Nongfu Spring Co (STU:7NF) Headlines

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