Transtech Optelecom Science Holdings (HKSE:09963) Accounts Payable & Accrued Expense : HK$38.1 Mil (As of Jun. 2023)

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What is Transtech Optelecom Science Holdings Accounts Payable & Accrued Expense?

Transtech Optelecom Science Holdings's quarterly accounts payable & accrued expense increased from Jun. 2022 (HK$28.6 Mil) to Dec. 2022 (HK$30.6 Mil) and increased from Dec. 2022 (HK$30.6 Mil) to Jun. 2023 (HK$38.1 Mil).

Transtech Optelecom Science Holdings's annual accounts payable & accrued expense increased from Dec. 2020 (HK$15.3 Mil) to Dec. 2021 (HK$44.4 Mil) but then declined from Dec. 2021 (HK$44.4 Mil) to Dec. 2022 (HK$30.6 Mil).

Transtech Optelecom Science Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Transtech Optelecom Science 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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Transtech Optelecom Science Holdings Accounts Payable & Accrued Expense Chart

Transtech Optelecom Science Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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53.07

15.27

44.36

30.63

28.08

Transtech Optelecom Science Holdings Semi-Annual Data
	Dec14	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													44.36	28.57	30.63	38.11	28.08

Transtech Optelecom Science 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.

Transtech Optelecom Science Holdings (HKSE:09963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Transtech Optelecom Science Holdings Ltd (HKSE:09963) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

http://www.transtechoptel.com

Transtech Optelecom Science Holdings Ltd is a part of the telecommunication industry. The company has two segments namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. Majority of the revenue is earned from Thailand.

Transtech Optelecom Science Holdings (HKSE:09963) Headlines

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