China Best Group Holding (FRA:EFO3) Accounts Payable & Accrued Expense : €58.38 Mil (As of Sep. 2023)

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What is China Best Group Holding Accounts Payable & Accrued Expense?

China Best Group Holding's quarterly accounts payable & accrued expense declined from Sep. 2022 (€64.54 Mil) to Mar. 2023 (€63.79 Mil) and declined from Mar. 2023 (€63.79 Mil) to Sep. 2023 (€58.38 Mil).

China Best Group Holding's annual accounts payable & accrued expense increased from Dec. 2019 (€3.83 Mil) to Mar. 2022 (€64.75 Mil) but then declined from Mar. 2022 (€64.75 Mil) to Mar. 2023 (€63.79 Mil).

China Best Group Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Best Group Holding'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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China Best Group Holding Accounts Payable & Accrued Expense Chart

China Best Group Holding Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Accounts Payable & Accrued Expense

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7.29

5.02

3.83

64.75

63.79

China Best Group Holding Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															63.31	64.75	64.54	63.79	58.38

China Best Group Holding 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.

China Best Group Holding (FRA:EFO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Best Group Holding Ltd (FRA:EFO3) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00370:Hong Kong

Address

The Gateway, Harbour City, Suite 1901-2 & 14, 19th Floor, Tower 6, Kowloon, Hong Kong, HKG

Website

http://www.cbgroup.com.hk

China Best Group Holding Ltd is a China-based company having various business segments. Trading of goods including radio systems and electronic appliances which is the key revenue driver; Finance leasing of plant and machinery; Money lending; Securities and futures brokerage segment engages in securities and futures dealing services in Hong Kong; International air and sea freight forwarding and logistic services to customers in Singapore and the USA; Securities trading of equity securities and dividend income from held for trading investments; Property investment for rental income and capital appreciation in PRC; Building architecture and interior design services; Property brokerage and agency service,Geothermal energy, Customised technical support segment and Centralised heating segment.

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