Merchant House International (ASX:MHI) Accounts Payable & Accrued Expense : A$5.05 Mil (As of Mar. 2024)

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What is Merchant House International Accounts Payable & Accrued Expense?

Merchant House International's quarterly accounts payable & accrued expense declined from Mar. 2023 (A$5.83 Mil) to Sep. 2023 (A$2.79 Mil) but then increased from Sep. 2023 (A$2.79 Mil) to Mar. 2024 (A$5.05 Mil).

Merchant House International's annual accounts payable & accrued expense increased from Mar. 2022 (A$4.74 Mil) to Mar. 2023 (A$5.83 Mil) but then declined from Mar. 2023 (A$5.83 Mil) to Mar. 2024 (A$5.05 Mil).

Merchant House International Accounts Payable & Accrued Expense Historical Data

The historical data trend for Merchant House International'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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Merchant House International Accounts Payable & Accrued Expense Chart

Merchant House International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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7.20

6.17

4.74

5.83

5.05

Merchant House International Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4.74	7.35	5.83	2.79	5.05

Merchant House International 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.

Merchant House International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Merchant House International Ltd (ASX:MHI) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Lee Chung Street, Unit B and C, 10th Floor, E-Trade Plaza, Chai Wan, Hong Kong, HKG

Website

https://www.lorettalee.com.hk

Merchant House International Ltd is engaged in the design, manufacturing, and marketing of home textiles, seasonal and decorative products, and leather shoes. The company's operating segment includes Home textile, Footwear trading, and Footwear manufacturing. It generates maximum revenue from the Footwear trading segment. Geographically, it derives a majority of its revenue from the United States of America.