Vanov Holdings Co (HKSE:02260) Accounts Payable & Accrued Expense : HK$60.0 Mil (As of Dec. 2023)

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What is Vanov Holdings Co Accounts Payable & Accrued Expense?

Vanov Holdings Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$55.0 Mil) to Jun. 2023 (HK$59.1 Mil) and increased from Jun. 2023 (HK$59.1 Mil) to Dec. 2023 (HK$60.0 Mil).

Vanov Holdings Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$60.4 Mil) to Dec. 2022 (HK$55.0 Mil) but then increased from Dec. 2022 (HK$55.0 Mil) to Dec. 2023 (HK$60.0 Mil).

Vanov Holdings Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Vanov Holdings Co'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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Vanov Holdings Co Accounts Payable & Accrued Expense Chart

Vanov Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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39.48

41.56

60.42

54.98

60.00

Vanov Holdings Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial					60.42	50.49	54.98	59.13	60.00

Vanov Holdings Co 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.

Vanov Holdings Co (HKSE:02260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Vanov Holdings Co Ltd (HKSE:02260) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

No. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN

Website

http://www.canov.cn

Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture and sales of papermaking felts. The company has its variety of products which includes Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, Pulp papermaking felts. The company generates majority of its revenue from The PRC region.

Executives

Shen Genlian	2307 Founder of a discretionary trust who can infl
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Zhou Jun	2202 Interest of your spouse
Perfect Angle Limited	2101 Beneficial owner
Wonderful Advisor Limited

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