China Meheco Group Co (SHSE:600056) Accounts Payable & Accrued Expense : ¥13,499 Mil (As of Mar. 2024)

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What is China Meheco Group Co Accounts Payable & Accrued Expense?

China Meheco Group Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥15,007 Mil) to Dec. 2023 (¥13,414 Mil) but then increased from Dec. 2023 (¥13,414 Mil) to Mar. 2024 (¥13,499 Mil).

China Meheco Group Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥10,376 Mil) to Dec. 2022 (¥12,655 Mil) and increased from Dec. 2022 (¥12,655 Mil) to Dec. 2023 (¥13,414 Mil).

China Meheco Group Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Meheco Group 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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China Meheco Group Co Accounts Payable & Accrued Expense Chart

China Meheco Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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11,326.22

10,795.60

10,375.61

12,654.61

13,414.05

China Meheco Group 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															15,605.70	15,485.03	15,007.36	13,414.05	13,498.84

China Meheco Group 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.

China Meheco Group Co (SHSE:600056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » China Meheco Group Co Ltd (SHSE:600056) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Guangming Zhongjie, Dongcheng District, Beijing, CHN, 100061

Website

http://www.meheco.com

China Meheco Group Co Ltd is engaged in the distribution and trading of botanical medicines, medical instruments, and pharmaceuticals. It offers botanic medicines and herbal products, as well as exports of natural medicines, including herbs, spices, plant extracts, bee products, Chinese traditional medicines. The company's business scope covers the whole industry chain, from research and development, cultivation and processing, manufacturing, distribution, logistics to international trading, academic promotion and technical service. The corporation provides trading services for customers in the pharmaceutical and chemical field, covering APIs, preparations, biologicals, blood products and others.

Executives

Qi Jian Xi	senior management
Ni Xiao Ling	Director

China Meheco Group Co (SHSE:600056) Headlines

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