Minshang Creative Technology Holdings (HKSE:01632) Accounts Payable & Accrued Expense : HK$35.0 Mil (As of Sep. 2023)

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What is Minshang Creative Technology Holdings Accounts Payable & Accrued Expense?

Minshang Creative Technology Holdings's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$10.5 Mil) to Mar. 2023 (HK$36.3 Mil) but then declined from Mar. 2023 (HK$36.3 Mil) to Sep. 2023 (HK$35.0 Mil).

Minshang Creative Technology Holdings's annual accounts payable & accrued expense declined from Mar. 2021 (HK$339.3 Mil) to Mar. 2022 (HK$8.8 Mil) but then increased from Mar. 2022 (HK$8.8 Mil) to Mar. 2023 (HK$36.3 Mil).

Minshang Creative Technology Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Minshang Creative Technology 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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Minshang Creative Technology Holdings Accounts Payable & Accrued Expense Chart

Minshang Creative Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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10.00

29.43

339.31

8.82

36.30

Minshang Creative Technology Holdings Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														196.26	8.82	10.51	36.30	35.02

Minshang Creative Technology 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.

Minshang Creative Technology Holdings (HKSE:01632) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minshang Creative Technology Holdings Ltd (HKSE:01632) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

89 Queensway, Unit 4203, 42nd Floor, Tower One Lippo Centre, Admiralty, Hong Kong, HKG

Website

http://www.minshangct.com

Minshang Creative Technology Holdings Ltd is an investment holding company. The company's operating segment includes the Vietnamese-style restaurant business in Hong Kong, Trading business in the PRC, and IT solution business. It generates maximum revenue from the Trading business segment. The Trading business segment focuses on offering 3C electronic products, frozen foods, and grain and oil products. Geographically, it derives a majority of revenue from China.

Minshang Creative Technology Holdings (HKSE:01632) Headlines

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