Shanghai M&G Stationery (SHSE:603899) Accounts Payable & Accrued Expense : ¥4,663 Mil (As of Mar. 2024)

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What is Shanghai M&G Stationery Accounts Payable & Accrued Expense?

Shanghai M&G Stationery's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥5,030 Mil) to Dec. 2023 (¥5,900 Mil) but then declined from Dec. 2023 (¥5,900 Mil) to Mar. 2024 (¥4,663 Mil).

Shanghai M&G Stationery's annual accounts payable & accrued expense increased from Dec. 2021 (¥3,948 Mil) to Dec. 2022 (¥4,872 Mil) and increased from Dec. 2022 (¥4,872 Mil) to Dec. 2023 (¥5,900 Mil).

Shanghai M&G Stationery Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shanghai M&G Stationery'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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Shanghai M&G Stationery Accounts Payable & Accrued Expense Chart

Shanghai M&G Stationery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,605.21

3,857.36

3,947.54

4,871.85

5,899.88

Shanghai M&G Stationery 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															4,149.83	4,466.02	5,029.64	5,899.88	4,663.38

Shanghai M&G Stationery 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.

Shanghai M&G Stationery (SHSE:603899) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai M&G Stationery Inc (SHSE:603899) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

3469 Jinqian Road, Building 3, Fengxian District, Shanghai, CHN, 201406

Website

https://www.mg-pen.com

Shanghai M&G Stationery Inc is engaged in the production and distribution of stationery products in China. The company operates in four segments Office direct selling business and Traditional core business. The majority of the revenue is generated from the Traditional core business which is engaged in developing, manufacturing, and selling writing instruments, student stationery, office supplies, and other products. Its products include such as ballpoint pens, gel pens, mechanical pencils, highlighters, markers, roller pens, erasable gel pens, Pen refills, and other stationeries. The company provides and manufactures stationery products that include writing instruments, school stationery, office stationery, and other related products. The majority of the revenue is generated in China.

Executives

Zhou Yong Gan	senior management
Fu Chang	Directors, senior managers
Zhang Qing	senior management
Quan Qiang	senior management
Chen Hu Wen	Director
Chen Xue Ling	Director
Chen Hu Xiong	Director
Wu Lian Yin	senior management

Shanghai M&G Stationery (SHSE:603899) Headlines

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