Kingston Financial Group (Kingston Financial Group) Accounts Payable & Accrued Expense : $447.5 Mil (As of Sep. 2022)

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What is Kingston Financial Group Accounts Payable & Accrued Expense?

Kingston Financial Group's quarterly accounts payable & accrued expense declined from Sep. 2021 ($598.9 Mil) to Mar. 2022 ($245.2 Mil) but then increased from Mar. 2022 ($245.2 Mil) to Sep. 2022 ($447.5 Mil).

Kingston Financial Group's annual accounts payable & accrued expense increased from Mar. 2020 ($281.1 Mil) to Mar. 2021 ($321.9 Mil) but then declined from Mar. 2021 ($321.9 Mil) to Mar. 2022 ($245.2 Mil).

Kingston Financial Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kingston Financial Group'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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Kingston Financial Group Accounts Payable & Accrued Expense Chart

Kingston Financial Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Accounts Payable & Accrued Expense

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451.42

811.84

281.13

321.87

245.22

Kingston Financial Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															929.76	321.87	598.88	245.22	447.54

Kingston Financial Group 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.

Kingston Financial Group (Kingston Financial Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kingston Financial Group Ltd (GREY:KNGTF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

99 Queen’s Road Central, 72th Floor, Central, Hong Kong, HKG

Website

https://www.kingston.com.hk

Kingston Financial Group Ltd is a financial services company operating primarily in Hong Kong and Macau. It provides a wide range of solutions, including securities brokerages, underwriting, and placements, margin and initial public offering financing, corporate finance advisory services, futures brokerages, and asset management services. The Group also provides gaming and hospitality services in Macau. Business activities for the group include undertaking the origination, structuring, and marketing of placements of equity and debt securities. Most of the company's diverse revenue mix comes increasingly from margin and IPO financing and secondarily from its security brokerage, underwriting, and placements segment.

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