Nanjing OLO Home Furnishing Co (SHSE:603326) Accounts Payable & Accrued Expense : ¥334 Mil (As of Mar. 2024)

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What is Nanjing OLO Home Furnishing Co Accounts Payable & Accrued Expense?

Nanjing OLO Home Furnishing Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (¥417 Mil) to Dec. 2023 (¥413 Mil) and declined from Dec. 2023 (¥413 Mil) to Mar. 2024 (¥334 Mil).

Nanjing OLO Home Furnishing Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥514 Mil) to Dec. 2022 (¥347 Mil) but then increased from Dec. 2022 (¥347 Mil) to Dec. 2023 (¥413 Mil).

Nanjing OLO Home Furnishing Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nanjing OLO Home Furnishing 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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Nanjing OLO Home Furnishing Co Accounts Payable & Accrued Expense Chart

Nanjing OLO Home Furnishing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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305.05

465.21

513.81

346.72

413.02

Nanjing OLO Home Furnishing 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															313.37	411.97	416.52	413.02	334.34

Nanjing OLO Home Furnishing 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.

Nanjing OLO Home Furnishing Co (SHSE:603326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nanjing OLO Home Furnishing Co Ltd (SHSE:603326) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 218, Qingshuiting West Road, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211102

Website

http://www.olokitchen.com

Nanjing OLO Home Furnishing Co Ltd operates in the home furnishings and fixtures industry. It is principally engaged in the design, research and development, manufacturing and sales of custom furniture products as well as the provision of related services. The company's main products include the integrated kitchen cabinets, custom wardrobes and the full house.

Executives

	Director
Liu Gui Sheng	senior management
Wang Wu Chao	senior management
Zhang Qi	Supervisors
Zhang Qi	Supervisors
Huang Ning Quan	senior management
Zhang Hua	senior management
Xu Tao	Director
Zhang Xian Hua	senior management
Zhang Lei	Supervisors

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