Sang Hing Holdings (International) (HKSE:01472) Accounts Payable & Accrued Expense : HK$18.1 Mil (As of Sep. 2023)

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What is Sang Hing Holdings (International) Accounts Payable & Accrued Expense?

Sang Hing Holdings (International)'s quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$24.2 Mil) to Mar. 2023 (HK$44.7 Mil) but then declined from Mar. 2023 (HK$44.7 Mil) to Sep. 2023 (HK$18.1 Mil).

Sang Hing Holdings (International)'s annual accounts payable & accrued expense increased from Mar. 2021 (HK$36.0 Mil) to Mar. 2022 (HK$43.5 Mil) and increased from Mar. 2022 (HK$43.5 Mil) to Mar. 2023 (HK$44.7 Mil).

Sang Hing Holdings (International) Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sang Hing Holdings (International)'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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Sang Hing Holdings (International) Accounts Payable & Accrued Expense Chart

Sang Hing Holdings (International) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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57.85

63.21

36.00

43.50

44.69

Sang Hing Holdings (International) Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							47.42	43.50	24.17	44.69	18.11

Sang Hing Holdings (International) 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.

Sang Hing Holdings (International) (HKSE:01472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sang Hing Holdings (International) Ltd (HKSE:01472) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Tin Hau Road, Room 215A-B, 2nd Floor, Central Services Building, Nan Fung Industrial City, Tuen Mun, New Territories, Hong Kong, HKG

Website

https://www.sang-hing.com.hk

Sang Hing Holdings (International) Ltd is an investment holding company engaged in civil engineering works in Hong Kong. The company provides a variety of civil engineering works, including site formation, road and bridge construction, drainage and sewerage construction, water main installation, and slope works.

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