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Chongqing Brewery Co (SHSE:600132) Accounts Payable & Accrued Expense : ¥6,194 Mil (As of Mar. 2024)


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What is Chongqing Brewery Co Accounts Payable & Accrued Expense?

Chongqing Brewery Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥6,689 Mil) to Dec. 2023 (¥6,431 Mil) and declined from Dec. 2023 (¥6,431 Mil) to Mar. 2024 (¥6,194 Mil).

Chongqing Brewery Co's annual accounts payable & accrued expense increased from Dec. 2021 (¥6,093 Mil) to Dec. 2022 (¥6,643 Mil) but then declined from Dec. 2022 (¥6,643 Mil) to Dec. 2023 (¥6,431 Mil).

Chongqing Brewery Co Accounts Payable & Accrued Expense Historical Data

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

Chongqing Brewery 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 4,837.97 4,851.31 6,093.34 6,642.75 6,431.04

Chongqing Brewery 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 5,978.30 6,628.38 6,688.97 6,431.04 6,193.51

Chongqing Brewery 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.

Chongqing Brewery Co (SHSE:600132) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Chongqing Brewery Co Ltd (SHSE:600132) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
SZSE:000729 SHSE:600779 SZSE:002461 SZSE:001338 SHSE:600238 SHSE:600573 SZSE:000995 SZSE:000752 SZSE:000929 SHSE:605499 XBRU:ABI XAMS:HEIA BSP:ABEV3 XAMS:HEIO OCSE:CARL B HKSE:01876 TSE:2502 HKSE:00291 TSX:TPX.B TAP
Traded in Other Exchanges
N/A
Address
No. 16 Shiyang Road, Shiqiaopu, Jiulongpo District, Chongqing, Chongqing, CHN, 400039
Website
http://www.chongqingbeer.com
Established in 1958 in Chongqing city, Chongqing Brewery is one of the major beer brewers in China. The company distributes a beer portfolio consisting international brands, such as Carlsberg, Tuborg, 1664, and domestic brands such as Chongqing. In 2013, the company became a subsidiary of Carlsberg Group after the latter acquired a 60% stake in the company. It became the sole operating platform of Carlsberg Group's China business in 2020, after the group injected all its China beer assets into Chongqing Brewery.
Executives
Gong Zhi Rong Director

Chongqing Brewery Co (SHSE:600132) Headlines

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