GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (OTCPK:CNGKY) » Definitions » Accounts Payable & Accrued Expense

CNGKY (CK Asset Holdings) Accounts Payable & Accrued Expense : $478 Mil (As of Dec. 2024)


View and export this data going back to 2015. Start your Free Trial

What is CK Asset Holdings Accounts Payable & Accrued Expense?

CK Asset Holdings's quarterly accounts payable & accrued expense increased from Dec. 2023 ($535 Mil) to Jun. 2024 ($2,453 Mil) but then declined from Jun. 2024 ($2,453 Mil) to Dec. 2024 ($478 Mil).

CK Asset Holdings's annual accounts payable & accrued expense declined from Dec. 2022 ($1,825 Mil) to Dec. 2023 ($535 Mil) and declined from Dec. 2023 ($535 Mil) to Dec. 2024 ($478 Mil).


CK Asset Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for CK Asset 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.

* Premium members only.

CK Asset Holdings Accounts Payable & Accrued Expense Chart

CK Asset Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 589.66 666.88 1,824.83 534.71 477.91

CK Asset Holdings 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 1,824.83 3,291.97 534.71 2,452.75 477.91

CK Asset 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.


CK Asset Holdings Business Description

Industry
Traded in Other Exchanges
Address
2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG
CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family remain the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure management overseas in recent years.

CK Asset Holdings Headlines

From GuruFocus

My 10 Favorite Stocks Include Berkshire and CK Asset

By John Dorfman John Dorfman 12-31-2018

Longleaf Partners Comments on Cheung Kong Property

By Holly LaFon Holly LaFon 07-25-2017

Longleaf Partners Comments on Cheung Kong Property

By Holly LaFon Holly LaFon 07-18-2017

4 Stocks I Like, From 4 Different Countries

By John Dorfman John Dorfman 08-31-2020