Hongkong Chinese (HKSE:00655) Accounts Payable & Accrued Expense : HK$49.19 Mil (As of Jun. 2023)

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What is Hongkong Chinese Accounts Payable & Accrued Expense?

Hongkong Chinese's quarterly accounts payable & accrued expense declined from Jun. 2022 (HK$56.63 Mil) to Dec. 2022 (HK$53.03 Mil) and declined from Dec. 2022 (HK$53.03 Mil) to Jun. 2023 (HK$49.19 Mil).

Hongkong Chinese's annual accounts payable & accrued expense declined from Mar. 2020 (HK$82.13 Mil) to Dec. 2021 (HK$61.04 Mil) and declined from Dec. 2021 (HK$61.04 Mil) to Dec. 2022 (HK$53.03 Mil).

Hongkong Chinese Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hongkong Chinese'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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Hongkong Chinese Accounts Payable & Accrued Expense Chart

Hongkong Chinese Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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90.10

82.13

61.04

53.03

51.80

Hongkong Chinese Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															61.04	56.63	53.03	49.19	51.80

Hongkong Chinese 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.

Hongkong Chinese (HKSE:00655) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hongkong Chinese Ltd (HKSE:00655) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lippo Centre, 89 Queensway, 40th Floor, Tower Two, Hong Kong, HKG

Website

https://www.hkchinese.com.hk

Hongkong Chinese Ltd is an investment holding company. The company's operating segments are Property Investment, which includes investments relating to the letting and resale of properties; the Property development segment is into the development and sale of properties; the Treasury investment segment includes investments in money markets; the Securities investment segment invests in securities that are held for trading and for long-term strategic purpose; and Others. Its geographical segments are Hong Kong, Mainland China, Singapore, Indonesia, and others.

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