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ADHLF (Novautek Technologies Group) Accounts Payable & Accrued Expense : $15.73 Mil (As of Dec. 2024)


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What is Novautek Technologies Group Accounts Payable & Accrued Expense?

Novautek Technologies Group's quarterly accounts payable & accrued expense declined from Dec. 2023 ($17.89 Mil) to Jun. 2024 ($15.08 Mil) but then increased from Jun. 2024 ($15.08 Mil) to Dec. 2024 ($15.73 Mil).

Novautek Technologies Group's annual accounts payable & accrued expense increased from Jun. 2022 ($10.53 Mil) to Jun. 2023 ($18.89 Mil) but then declined from Jun. 2023 ($18.89 Mil) to Jun. 2024 ($15.08 Mil).


Novautek Technologies Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Novautek Technologies 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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Novautek Technologies Group Accounts Payable & Accrued Expense Chart

Novautek Technologies Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.35 12.25 10.53 18.89 15.08

Novautek Technologies Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.21 18.89 17.89 15.08 15.73

Novautek Technologies 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.


Novautek Technologies Group Business Description

Traded in Other Exchanges
Address
89 Queensway, Unit 2408A, 24th Floor, Tower 1, Lippo Centre, Hong Kong, HKG
Novautek Technologies Group Ltd formerly Applied Development Holdings Ltd is an investment holding company. Its business activities are segmented as follows: Resort and Property Development segment which derives maximum revenue, includes properties under development for commercial purposes; Property Investment segment includes mainly commercial properties that are held for capital appreciation or to earn rental income; Investment Holding segment includes holding of unlisted investment fund, equity securities, debt instruments, other assets; and Autonomous driving segment focusing on the development of products and services driving technology. Its operations are located in Hong Kong, and the People's Republic of China, out of which the People's Republic of China generates maximum revenue.

Novautek Technologies Group Headlines