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Persistence Resources Group (HKSE:02489) Accounts Payable & Accrued Expense : HK$146.8 Mil (As of Dec. 2023)


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What is Persistence Resources Group Accounts Payable & Accrued Expense?

Persistence Resources Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$115.3 Mil) to Jun. 2023 (HK$138.3 Mil) and increased from Jun. 2023 (HK$138.3 Mil) to Dec. 2023 (HK$146.8 Mil).

Persistence Resources Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$169.2 Mil) to Dec. 2022 (HK$115.3 Mil) but then increased from Dec. 2022 (HK$115.3 Mil) to Dec. 2023 (HK$146.8 Mil).

Persistence Resources Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Persistence Resources 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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Persistence Resources Group Accounts Payable & Accrued Expense Chart

Persistence Resources Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
223.44 169.17 115.35 146.78

Persistence Resources Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 169.17 - 115.35 138.35 146.78

Persistence Resources 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.

Persistence Resources Group (HKSE:02489) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Persistence Resources Group Ltd (HKSE:02489) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
Traded in Other Exchanges
N/A
Address
199 Des Voeux Road Centra, Level 20, Infinitus Plaza, Hong Kong, HKG
Website
http://www.persistenceresource.com
Persistence Resources Group Ltd is a gold exploration, mining and processing company. It operates the Songjiagou Open-Pit Mine and Songjiagou Underground Mine in Yantai city of Shandong Province of China. The group has one reportable operating segment which is mining and processing gold that is ultimately sold as gold bullion.
Executives
Majestic Gold Corp. 2101 Beneficial owner
Dong Fang Jin Ye Xiang Gang You Xian Gong Si

Persistence Resources Group (HKSE:02489) Headlines

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