Smoore International Holdings (Smoore International Holdings) Accounts Payable & Accrued Expense : $264.51 Mil (As of Dec. 2023)

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What is Smoore International Holdings Accounts Payable & Accrued Expense?

Smoore International Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 ($263.85 Mil) to Jun. 2023 ($335.87 Mil) but then declined from Jun. 2023 ($335.87 Mil) to Dec. 2023 ($264.51 Mil).

Smoore International Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($260.26 Mil) to Dec. 2022 ($263.85 Mil) and increased from Dec. 2022 ($263.85 Mil) to Dec. 2023 ($264.51 Mil).

Smoore International Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Smoore International 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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Smoore International Holdings Accounts Payable & Accrued Expense Chart

Smoore International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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94.34

169.88

260.26

263.85

264.51

Smoore International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								260.26	363.56	263.85	335.87	264.51

Smoore International 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.

Smoore International Holdings (Smoore International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Smoore International Holdings Ltd (OTCPK:SMHRY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SMORF:USA 06969:Hong Kong

Address

Gushu Community, Xixiang Street, No. 16, Dongcai Industrial Zone, Bao’an District, Guangdong, Shenzhen, CHN

Website

https://www.smooreholdings.com

Smoore International Holdings Ltd offers vaping technology solutions, including manufacturing vaping devices and vaping components for Heat-not-burn products. It operates in three segments namely research, design and manufacturing of closed-system vaping devices and vaping components for tobacco companies and independent vaping companies, and research, design, manufacturing, and sale of self-branded open-system vaping devices, or APV, for retail clients and new business such as atomization in medical treatment to provide patients with inhalation drug delivery products on a basis of atomization technology. The company generates maximum revenue from Vaping devices and components, other than APV.