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Yantai Changyu Pioneer Wine Co (SZSE:000869) Accounts Payable & Accrued Expense : ¥988 Mil (As of Mar. 2024)


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What is Yantai Changyu Pioneer Wine Co Accounts Payable & Accrued Expense?

Yantai Changyu Pioneer Wine Co's quarterly accounts payable & accrued expense increased from Sep. 2023 (¥1,258 Mil) to Dec. 2023 (¥1,489 Mil) but then declined from Dec. 2023 (¥1,489 Mil) to Mar. 2024 (¥988 Mil).

Yantai Changyu Pioneer Wine Co's annual accounts payable & accrued expense declined from Dec. 2021 (¥1,484 Mil) to Dec. 2022 (¥1,299 Mil) but then increased from Dec. 2022 (¥1,299 Mil) to Dec. 2023 (¥1,489 Mil).


Yantai Changyu Pioneer Wine Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Yantai Changyu Pioneer Wine 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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Yantai Changyu Pioneer Wine Co Accounts Payable & Accrued Expense Chart

Yantai Changyu Pioneer Wine 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 1,631.90 1,267.60 1,483.83 1,298.58 1,489.04

Yantai Changyu Pioneer Wine 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 1,009.19 1,128.79 1,258.21 1,489.04 987.97

Yantai Changyu Pioneer Wine 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.


Yantai Changyu Pioneer Wine Co (SZSE:000869) Business Description

Traded in Other Exchanges
Address
56 Dama Road, Shandong, Yantai, CHN, 264000
Yantai Changyu Pioneer Wine Co Ltd produces and sells wine, brandy, and champagne. The company's brands include Changyu, Jiebaina, AFIP, Koyac, and Tinlot Reserva. Wine sales account for more than three-quarters of the company's total revenue. Yantai possesses vineyards in several Chinese provinces suitable for wine grape growing, such as Shandong, Ningxia, Xinjiang, Liaoning, Hebei, and Shanxi. Nearly all of the company's sales are in China, with the small amount of remaining revenue coming from France and Spain.

Yantai Changyu Pioneer Wine Co (SZSE:000869) Headlines

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