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Wang On Group (HKSE:01222) Accounts Payable & Accrued Expense : HK$1,303 Mil (As of Sep. 2023)


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What is Wang On Group Accounts Payable & Accrued Expense?

Wang On Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$1,299 Mil) to Mar. 2023 (HK$1,290 Mil) but then increased from Mar. 2023 (HK$1,290 Mil) to Sep. 2023 (HK$1,303 Mil).

Wang On Group's annual accounts payable & accrued expense declined from Mar. 2021 (HK$648 Mil) to Mar. 2022 (HK$405 Mil) but then increased from Mar. 2022 (HK$405 Mil) to Mar. 2023 (HK$1,290 Mil).


Wang On Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wang On 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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Wang On Group Accounts Payable & Accrued Expense Chart

Wang On Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 804.45 1,247.89 648.03 405.00 1,289.64

Wang On Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,227.13 405.00 1,299.28 1,289.64 1,303.49

Wang On 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.


Wang On Group (HKSE:01222) Business Description

Industry
Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.

Wang On Group (HKSE:01222) Headlines

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