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Folangsi Co (HKSE:02499) Accounts Payable & Accrued Expense : HK$513 Mil (As of Dec. 2023)


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What is Folangsi Co Accounts Payable & Accrued Expense?

Folangsi Co's quarterly accounts payable & accrued expense increased from Dec. 2021 (HK$402 Mil) to Dec. 2022 (HK$419 Mil) and increased from Dec. 2022 (HK$419 Mil) to Dec. 2023 (HK$513 Mil).

Folangsi Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$402 Mil) to Dec. 2022 (HK$419 Mil) and increased from Dec. 2022 (HK$419 Mil) to Dec. 2023 (HK$513 Mil).

Folangsi Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Folangsi 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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Folangsi Co Accounts Payable & Accrued Expense Chart

Folangsi Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
331.27 402.47 419.23 513.29

Folangsi Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense 331.27 402.47 419.23 513.29

Folangsi 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.

Folangsi Co (HKSE:02499) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Folangsi Co Ltd (HKSE:02499) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 999, Yayun Avenue, Shiqi Town, Panyu District, Guangdong, Guangzhou, CHN, 511440
Website
https://www.fls123.com
Folangsi Co Ltd is a leading intralogistics equipment solution provider in China. Focusing on intralogistics equipment subscription services, It strives to provide enterprises with one-stop solutions for intralogistics equipment utilization and management. It also has an established presence in the industry, providing services that span the entire lifecycle of intralogistics equipment, including equipment subscription, repair and maintenance, and disposal.
Executives
Hou Zebing
Hou Zekuan
Guangzhou Daze Investment Partnership (limited Partnership)
Yin Junping 2201 Interest of corporation controlled by you
Shenzhen Xinyu Equity Investment Enterprise (limited Partnership)
Zhang Gaozhao
Li Yan 2201 Interest of corporation controlled by you
Shang Hai Ding Man Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Ding Xiao Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Ning Bo Ding Ji Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Zhong Ding Chuang Ye Er Hao Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner

Folangsi Co (HKSE:02499) Headlines

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