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Guoco Group (Guoco Group) Accounts Payable & Accrued Expense : $721 Mil (As of Dec. 2023)


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What is Guoco Group Accounts Payable & Accrued Expense?

Guoco Group's quarterly accounts payable & accrued expense declined from Dec. 2022 ($703 Mil) to Jun. 2023 ($672 Mil) but then increased from Jun. 2023 ($672 Mil) to Dec. 2023 ($721 Mil).

Guoco Group's annual accounts payable & accrued expense increased from Jun. 2021 ($587 Mil) to Jun. 2022 ($636 Mil) and increased from Jun. 2022 ($636 Mil) to Jun. 2023 ($672 Mil).


Guoco Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guoco Group'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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Guoco Group Accounts Payable & Accrued Expense Chart

Guoco Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 564.97 513.02 587.33 636.45 672.10

Guoco Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 587.50 636.45 702.77 672.10 720.69

Guoco Group 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.


Guoco Group (Guoco Group) Business Description

Industry
Traded in Other Exchanges
Address
99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG
Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.

Guoco Group (Guoco Group) Headlines