Hengdeli Holdings (Hengdeli Holdings) Accounts Payable & Accrued Expense : $29.3 Mil (As of Dec. 2023)

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What is Hengdeli Holdings Accounts Payable & Accrued Expense?

Hengdeli Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($27.3 Mil) to Jun. 2023 ($26.4 Mil) but then increased from Jun. 2023 ($26.4 Mil) to Dec. 2023 ($29.3 Mil).

Hengdeli Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($24.7 Mil) to Dec. 2022 ($27.3 Mil) and increased from Dec. 2022 ($27.3 Mil) to Dec. 2023 ($29.3 Mil).

Hengdeli Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hengdeli Holdings'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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Hengdeli Holdings Accounts Payable & Accrued Expense Chart

Hengdeli Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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32.99

17.21

24.72

27.26

29.26

Hengdeli Holdings 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															24.72	19.88	27.26	26.40	29.26

Hengdeli Holdings 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.

Hengdeli Holdings (Hengdeli Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hengdeli Holdings Ltd (OTCPK:HENGY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

03389:Hong Kong XYUA:Germany

Address

28 Canton Road, Room 301, 3rd Floor, Lippo Sun Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.hengdeligroup.com

Hengdeli Holdings Ltd is primarily engaged in the retail and trading of watches and jewellery with comprehensive related customer services and maintenance, manufacturing of watch accessories, provision of shop design and decoration service, and trading of iron ore. The operating segments of the group are High-end consuming accessories; Watches retail and trading and Commodity trading. It has a business presence mainly in Mainland China, Hong Kong, Taiwan, and Malaysia.

Hengdeli Holdings (Hengdeli Holdings) Headlines

From GuruFocus

David Herro Comments on Hengdeli Holdings

By Holly LaFon Holly LaFon • 04-08-2014

Hengdeli narrowed its loss by 91.3% in 1H2023

By ACN Newswire • 08-27-2023