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CLP Holdings (CLP Holdings) Accounts Payable & Accrued Expense : $2,417 Mil (As of Dec. 2023)


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What is CLP Holdings Accounts Payable & Accrued Expense?

CLP Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($2,335 Mil) to Jun. 2023 ($2,116 Mil) but then increased from Jun. 2023 ($2,116 Mil) to Dec. 2023 ($2,417 Mil).

CLP Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($2,099 Mil) to Dec. 2022 ($2,335 Mil) and increased from Dec. 2022 ($2,335 Mil) to Dec. 2023 ($2,417 Mil).


CLP Holdings Accounts Payable & Accrued Expense Historical Data

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

CLP Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,185.79 2,175.34 2,098.86 2,334.76 2,417.35

CLP Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 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 2,098.86 2,460.47 2,334.76 2,115.92 2,417.35

CLP 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.


CLP Holdings (CLP Holdings) Business Description

Traded in Other Exchanges
Address
8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.

CLP Holdings (CLP Holdings) Headlines

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