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Lancy Co (SZSE:002612) Accounts Payable & Accrued Expense : ¥734 Mil (As of Mar. 2024)


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What is Lancy Co Accounts Payable & Accrued Expense?

Lancy Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥787 Mil) to Dec. 2023 (¥814 Mil) but then declined from Dec. 2023 (¥814 Mil) to Mar. 2024 (¥734 Mil).

Lancy Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,030 Mil) to Dec. 2022 (¥676 Mil) but then increased from Dec. 2022 (¥676 Mil) to Dec. 2023 (¥814 Mil).

Lancy Co Accounts Payable & Accrued Expense Historical Data

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

Lancy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 437.21 471.56 1,029.87 676.43 813.54

Lancy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 839.83 715.16 787.40 813.54 733.73

Lancy 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.

Lancy Co (SZSE:002612) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lancy Co Ltd (SZSE:002612) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
Da Jiaoting South Street, No.27 West Dawang Road, 8th Floor, Lancy Building, No.1, 3rd Yard, Chaoyang District, Beijing, CHN, 100022
Website
http://www.lancygroup.com
Lancy Co Ltd. is a China-based company operating in the fashion industry. It is principally engaged in the design, manufacture and distribution of women's apparel. It also offers infants' and kids' wear, medical cosmetology and cosmetics. Some of the company's brands are LANCY FROM25, MOJO.S.PHINE, LIME FLARE, JIGOTT, liaalancy, FABIANA, FILIPPI and DeWL.
Executives
Li Chun Xian Directors, executives
Shen Dong Ri Director
Shen Jin Hua Directors, executives
Zhang Han Directors, executives
Chang Jing Executives

Lancy Co (SZSE:002612) Headlines

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