Ligao Foods Co (SZSE:300973) Accounts Payable & Accrued Expense : ¥357 Mil (As of Mar. 2024)

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What is Ligao Foods Co Accounts Payable & Accrued Expense?

Ligao Foods Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥484 Mil) to Dec. 2023 (¥430 Mil) and declined from Dec. 2023 (¥430 Mil) to Mar. 2024 (¥357 Mil).

Ligao Foods Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥408 Mil) to Dec. 2022 (¥521 Mil) but then declined from Dec. 2022 (¥521 Mil) to Dec. 2023 (¥430 Mil).

Ligao Foods Co Accounts Payable & Accrued Expense Historical Data

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

Ligao Foods Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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222.25

271.87

407.96

520.78

429.78

Ligao Foods Co Quarterly Data
	Dec18	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															466.01	391.70	484.21	429.78	357.32

Ligao Foods 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.

Ligao Foods Co (SZSE:300973) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ligao Foods Co Ltd (SZSE:300973) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

Pingling Industrial Zone, Shitan Town Industrial Park, Zengcheng, Guangdong Province, Guangzhou, CHN, 510420

Website

http://www.ligaofoods.com

Ligao Foods Co Ltd is engaged in the production and sales of bakery food raw materials. The company's product range covers baking, beverages, snack foods, frozen semi-finished products and other fields.

Ligao Foods Co (SZSE:300973) Headlines

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