Shengfeng Development (Shengfeng Development) Accounts Payable & Accrued Expense : $85.5 Mil (As of Dec. 2023)

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What is Shengfeng Development Accounts Payable & Accrued Expense?

Shengfeng Development's quarterly accounts payable & accrued expense declined from Dec. 2022 ($71.5 Mil) to Jun. 2023 ($55.4 Mil) but then increased from Jun. 2023 ($55.4 Mil) to Dec. 2023 ($85.5 Mil).

Shengfeng Development's annual accounts payable & accrued expense increased from Dec. 2021 ($71.3 Mil) to Dec. 2022 ($71.5 Mil) and increased from Dec. 2022 ($71.5 Mil) to Dec. 2023 ($85.5 Mil).

Shengfeng Development Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shengfeng Development'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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Shengfeng Development Accounts Payable & Accrued Expense Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

69.46

71.27

71.46

85.46

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial			71.27	55.27	71.46	55.45	85.46

Shengfeng Development 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.

Shengfeng Development (Shengfeng Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001

Website

http://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

Shengfeng Development (Shengfeng Development) Headlines

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