GreenTree Hospitality Group Ltd. Sponsored ADR Accounts Payable

Accounts Payable of GHG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accounts Payable growth rates and interactive chart. Accounts payable (AP) represents a company's obligation to pay off a short-term debt to its creditors or suppliers. Accounts payable are amounts due to vendors or suppliers for goods or services received that have not yet been paid for. The sum of all outstanding amounts owed to vendors is shown as the accounts payable balance on the company's balance sheet. The increase or decrease in total AP from the prior period appears on the cash flow statement.


Highlights and Quick Summary

  • Accounts Payable for the quarter ending December 30, 2020 was $3 Million (a -10.38% decrease compared to previous quarter)
  • Year-over-year quarterly Accounts Payable increased by 28.24%
  • Annual Accounts Payable for 2020 was $3 Million (a 0.23% increase from previous year)
  • Annual Accounts Payable for 2019 was $3 Million (a 36.45% increase from previous year)
  • Annual Accounts Payable for 2019 was $2.2 Million (a 0.05% increase from previous year)
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Historical Accounts Payable of GreenTree Hospitality Group Ltd. Sponsored ADR

Most recent Accounts Payableof GHG including historical data for past 10 years.

Interactive Chart of Accounts Payable of GreenTree Hospitality Group Ltd. Sponsored ADR

GreenTree Hospitality Group Ltd. Sponsored ADR Accounts Payable for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $3.0 $3.35 $2.57 $2.34 $3.0
2019 $2.2 $1.87 $1.71 $1.99 $2.2
2018 $1.34 $1.28 $1.53 $1.91 $1.34
2017 $1.12 $1.12
2016 $1.11

Business Profile of GreenTree Hospitality Group Ltd. Sponsored ADR

Sector: Consumer Cyclical
Industry: Lodging
GreenTree Hospitality Group Ltd., through its subsidiaries, develops and sells leased-and-operated, and franchised-and-managed hotels under the GreenTree brand in the People's Republic of China. As of December 31, 2020, it operated 40 leased-and-operated hotels; and had franchised-and-managed hotels network consisting of 4,300 hotels with 315,335 rooms in operation covering 345 cities in China, and an additional 1,186 hotels with 83,106 rooms that were contracted for or under development. The company was founded in 2004 and is headquartered in Shanghai, the People's Republic of China. GreenTree Hospitality Group Ltd. is a subsidiary of GreenTree Inns Hotel Management Group, Inc.