Anhui Gujing Distillery Co (SZSE:000596) Accounts Payable & Accrued Expense : ¥8,620 Mil (As of Mar. 2024)

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What is Anhui Gujing Distillery Co Accounts Payable & Accrued Expense?

Anhui Gujing Distillery Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥7,685 Mil) to Dec. 2023 (¥9,795 Mil) but then declined from Dec. 2023 (¥9,795 Mil) to Mar. 2024 (¥8,620 Mil).

Anhui Gujing Distillery Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥5,011 Mil) to Dec. 2022 (¥8,012 Mil) and increased from Dec. 2022 (¥8,012 Mil) to Dec. 2023 (¥9,795 Mil).

Anhui Gujing Distillery Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Anhui Gujing Distillery 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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Anhui Gujing Distillery Co Accounts Payable & Accrued Expense Chart

Anhui Gujing Distillery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,520.15

2,889.69

5,011.43

8,011.73

9,794.65

Anhui Gujing Distillery 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															8,125.78	8,505.70	7,684.54	9,794.65	8,620.13

Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co (SZSE:000596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anhui Gujing Distillery Co Ltd (SZSE:000596) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

200596:China

Address

Gujing Town, Anhui Province, Bozhou, CHN, 236820

Website

http://www.gujing.com

Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

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