Hybrid Kinetic Group (HKSE:01188) Accounts Payable & Accrued Expense : HK$6.19 Mil (As of Dec. 2023)

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What is Hybrid Kinetic Group Accounts Payable & Accrued Expense?

Hybrid Kinetic Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$6.73 Mil) to Jun. 2023 (HK$6.40 Mil) and declined from Jun. 2023 (HK$6.40 Mil) to Dec. 2023 (HK$6.19 Mil).

Hybrid Kinetic Group's annual accounts payable & accrued expense increased from Dec. 2021 (HK$6.04 Mil) to Dec. 2022 (HK$6.73 Mil) but then declined from Dec. 2022 (HK$6.73 Mil) to Dec. 2023 (HK$6.19 Mil).

Hybrid Kinetic Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hybrid Kinetic 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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Hybrid Kinetic Group Accounts Payable & Accrued Expense Chart

Hybrid Kinetic Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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9.45

5.88

6.04

6.73

6.19

Hybrid Kinetic 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															6.04	5.79	6.73	6.40	6.19

Hybrid Kinetic 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.

Hybrid Kinetic Group (HKSE:01188) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hybrid Kinetic Group Ltd (HKSE:01188) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FESTF:USA

Address

199 Des Voeux Road Central, Unit 1002, 10th Floor, Infinitus Plaza, Hong Kong, HKG

Website

http://hk1188.etnet.com.hk

Hybrid Kinetic Group Ltd is a manufacturer of electric motor vehicles and new-energy automobile components. The group designs develop and manufacture zero-emission electric motor vehicles. The company comprises three reportable segments: High-Tech Electric Motor Vehicles, Battery Management Systems and Spare Parts and Advanced Batteries Materials. Most of its revenue is derived from the Battery Management Systems and Spare Parts segment.

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