Hang Lung Group (Hang Lung Group) Accounts Payable & Accrued Expense : $921 Mil (As of Dec. 2023)

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What is Hang Lung Group Accounts Payable & Accrued Expense?

Hang Lung Group's quarterly accounts payable & accrued expense increased from Dec. 2022 ($870 Mil) to Jun. 2023 ($1,267 Mil) but then declined from Jun. 2023 ($1,267 Mil) to Dec. 2023 ($921 Mil).

Hang Lung Group's annual accounts payable & accrued expense declined from Dec. 2021 ($1,034 Mil) to Dec. 2022 ($870 Mil) but then increased from Dec. 2022 ($870 Mil) to Dec. 2023 ($921 Mil).

Hang Lung Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hang Lung 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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Hang Lung Group Accounts Payable & Accrued Expense Chart

Hang Lung Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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877.44

1,112.89

1,034.49

869.71

920.89

Hang Lung 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															1,034.49	1,275.21	869.71	1,267.20	920.89

Hang Lung 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.

Hang Lung Group (Hang Lung Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Group Ltd (OTCPK:HNLGY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

HNLGF:USA 00010:Hong Kong

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglunggroup.com

Hang Lung Group Ltd is an investment holding company engaged in the property leasing business. The Company operates its business through two segments. The Property Leasing segment engages in the property leasing operation. The Company's investment properties portfolio consists of retail, office, residential, serviced apartments, and car parks, located in mainland China and Hong Kong, and the Property Sales segment engages in the development and sale of trading properties in mainland China and Hong Kong. It derives a majority of its revenue from the property leasing segment.

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