Euro Tech Holdings Co (Euro Tech Holdings Co) Accounts Payable & Accrued Expense : $2.81 Mil (As of Jun. 2023)

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What is Euro Tech Holdings Co Accounts Payable & Accrued Expense?

Euro Tech Holdings Co's quarterly accounts payable & accrued expense declined from Jun. 2022 ($4.00 Mil) to Dec. 2022 ($3.50 Mil) and declined from Dec. 2022 ($3.50 Mil) to Jun. 2023 ($2.81 Mil).

Euro Tech Holdings Co's annual accounts payable & accrued expense increased from Dec. 2020 ($3.99 Mil) to Dec. 2021 ($4.77 Mil) but then declined from Dec. 2021 ($4.77 Mil) to Dec. 2022 ($3.50 Mil).

Euro Tech Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Euro Tech Holdings 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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Euro Tech Holdings Co Accounts Payable & Accrued Expense Chart

Euro Tech Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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6.07

5.01

3.99

4.77

3.50

Euro Tech Holdings Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.28	4.77	4.00	3.50	2.81

Euro Tech Holdings 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.

Euro Tech Holdings Co (Euro Tech Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Tech Holdings Co Ltd (NAS:CLWT) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Wong Chuk Hong Road, Unit D, 18th Floor, Room C & D, Gee Chang Hong Centre, Hong Kong, HKG

Website

https://www.euro-tech.com

Euro Tech Holdings Co Ltd is a distributor and manufacturer of technology instruments as well as an environmental engineering services provider. It is engaged in the marketing and trading of water and wastewater related process control, analytical and testing instruments, disinfection equipment, supplies, and related automation systems. There are two operating segments of the company. The Trading and manufacturing segment, which is the key revenue driver, includes distribution of water treatment equipment, laboratory instruments, analyzers, test kits, and related supplies and power generation equipment. The Engineering segment includes water and waste-water treatment engineering and air pollution control business. The majority of the revenue is generated from Hong Kong.