Quam Plus International Financial (HKSE:00952) Accounts Payable & Accrued Expense : HK$1,214.0 Mil (As of Jun. 2023)

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What is Quam Plus International Financial Accounts Payable & Accrued Expense?

Quam Plus International Financial's quarterly accounts payable & accrued expense increased from Jun. 2022 (HK$1,506.4 Mil) to Dec. 2022 (HK$1,539.9 Mil) but then declined from Dec. 2022 (HK$1,539.9 Mil) to Jun. 2023 (HK$1,214.0 Mil).

Quam Plus International Financial's annual accounts payable & accrued expense declined from Dec. 2020 (HK$1,974.9 Mil) to Dec. 2021 (HK$1,565.1 Mil) and declined from Dec. 2021 (HK$1,565.1 Mil) to Dec. 2022 (HK$1,539.9 Mil).

Quam Plus International Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Quam Plus International Financial'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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Quam Plus International Financial Accounts Payable & Accrued Expense Chart

Quam Plus International Financial Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,723.58

1,974.93

1,565.15

1,539.88

1,077.40

Quam Plus International Financial Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,565.15	1,506.42	1,539.88	1,214.00	1,077.40

Quam Plus International Financial 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.

Quam Plus International Financial (HKSE:00952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Quam Plus International Financial Ltd (HKSE:00952) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Queen’s Road Central, 18th and 19th Floor, China Building, Hong Kong, HKG

Website

https://www.quamplus.com

Quam Plus International Financial Ltd Formerly China Tonghai International Financial Ltd is an investment holding company. Its activities include corporate finance advisory and general advisory services; fund management, discretionary portfolio management and portfolio management advisory services; discretionary and non-discretionary dealing services for securities, futures and options, securities placing and underwriting services, margin financing, insurance broking and wealth management services; money lending services; financial media services; and investing and trading of various investment products. Its segments include corporate finance; asset management; brokerage; interest income; investments; and others segment.

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