Orient International Enterprise (SHSE:600278) Accounts Payable & Accrued Expense : ¥4,283 Mil (As of Mar. 2024)

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What is Orient International Enterprise Accounts Payable & Accrued Expense?

Orient International Enterprise's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥3,941 Mil) to Dec. 2023 (¥5,089 Mil) but then declined from Dec. 2023 (¥5,089 Mil) to Mar. 2024 (¥4,283 Mil).

Orient International Enterprise's annual accounts payable & accrued expense increased from Dec. 2021 (¥4,975 Mil) to Dec. 2022 (¥5,143 Mil) but then declined from Dec. 2022 (¥5,143 Mil) to Dec. 2023 (¥5,089 Mil).

Orient International Enterprise Accounts Payable & Accrued Expense Historical Data

The historical data trend for Orient International Enterprise'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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Orient International Enterprise Accounts Payable & Accrued Expense Chart

Orient International Enterprise Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,562.75

4,542.04

4,975.21

5,143.20

5,088.72

Orient International Enterprise 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															4,926.13	4,563.67	3,940.59	5,088.72	4,283.37

Orient International Enterprise 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.

Orient International Enterprise (SHSE:600278) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Orient International Enterprise Ltd (SHSE:600278) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

85 Loushanguan Road, Block A, Dongfang International Building, Shanghai, CHN

Website

http://www.oie.com.cn

Orient International Enterprise Ltd is primarily engaged in the import and export of garments and textiles from domestic and foreign orders. It covers all kind of clothing textile products, such as all kinds of cotton gauze fabrics, blended fabrics, various household textile products, cotton knitwear garments, shirts and T-shirts, suit jackets and others. Further, it is also involved in the logistics business.

Orient International Enterprise (SHSE:600278) Headlines

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