Hing Lee (HK) Holdings (HKSE:00396) Accounts Payable & Accrued Expense : HK$12.25 Mil (As of Dec. 2023)

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What is Hing Lee (HK) Holdings Accounts Payable & Accrued Expense?

Hing Lee (HK) Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$19.64 Mil) to Jun. 2023 (HK$19.89 Mil) but then declined from Jun. 2023 (HK$19.89 Mil) to Dec. 2023 (HK$12.25 Mil).

Hing Lee (HK) Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$38.31 Mil) to Dec. 2022 (HK$19.64 Mil) and declined from Dec. 2022 (HK$19.64 Mil) to Dec. 2023 (HK$12.25 Mil).

Hing Lee (HK) Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hing Lee (HK) 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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Hing Lee (HK) Holdings Accounts Payable & Accrued Expense Chart

Hing Lee (HK) Holdings Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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62.93

48.30

38.31

19.64

12.25

Hing Lee (HK) 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															38.31	35.51	19.64	19.89	12.25

Hing Lee (HK) 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.

Hing Lee (HK) Holdings (HKSE:00396) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hing Lee (HK) Holdings Ltd (HKSE:00396) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 On Yiu Street, Shatin,, Unit 1101, 11th Floor, Delta House, New Territories, Hong Kong, HKG

Website

http://www.hingleehk.com.hk

Hing Lee (Hk) Holdings Ltd is an investment holding company principally engaged in the furniture business. The Company is engaged in the design, manufacture, sale and marketing of residential furniture products, mainly including wooden furniture, sofas, and mattresses. The Company is also engaged in the provision of layout design and decoration services, marketing services related to product display, and licensing of its own brand and product designs.

Executives

Sung Kai Hing	2101 Beneficial owner
Wong Wai King	2202 Interest of your spouse

Hing Lee (HK) Holdings (HKSE:00396) Headlines

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