Geotech Holdings (HKSE:01707) Accounts Payable & Accrued Expense : HK$20.9 Mil (As of Dec. 2023)

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What is Geotech Holdings Accounts Payable & Accrued Expense?

Geotech Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$22.6 Mil) to Jun. 2023 (HK$18.7 Mil) but then increased from Jun. 2023 (HK$18.7 Mil) to Dec. 2023 (HK$20.9 Mil).

Geotech Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$66.6 Mil) to Dec. 2022 (HK$22.6 Mil) and declined from Dec. 2022 (HK$22.6 Mil) to Dec. 2023 (HK$20.9 Mil).

Geotech Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Geotech 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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Geotech Holdings Accounts Payable & Accrued Expense Chart

Geotech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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35.02

44.48

66.56

22.65

20.87

Geotech Holdings Semi-Annual Data
	Dec14	Dec15	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												66.56	45.50	22.65	18.68	20.87

Geotech 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.

Geotech Holdings (HKSE:01707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Geotech Holdings Ltd (HKSE:01707) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Unit 1920, 19th Floor, Cheung Kong Center, Central, Hong Kong, HKG

Website

https://www.geotech.hk

Geotech Holdings Ltd is an investment holding company. The firm is engaged in the provision of construction and engineering services and property-related services. It is principally engaged in the slope works in Hong Kong as the main contractor. It mainly operates in two segments; Construction and engineering services and Property-related services. The group undertakes slope works as the main contractor and undertakes ground investigation field works as a subcontractor. It derives the majority of its revenue from Hong Kong. The Construction and engineering services segment derives key revenue for the firm.

Executives

Chen Zhi	2201 Interest of corporation controlled by you
Star Merit Global Limited	2101 Beneficial owner
Cheung Ting Kam	2201 Interest of corporation controlled by you

Geotech Holdings (HKSE:01707) Headlines

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