Sandmartin International Holdings (FRA:TQG0) Accounts Payable & Accrued Expense : €41.51 Mil (As of Dec. 2023)

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What is Sandmartin International Holdings Accounts Payable & Accrued Expense?

Sandmartin International Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (€45.08 Mil) to Jun. 2023 (€57.82 Mil) but then declined from Jun. 2023 (€57.82 Mil) to Dec. 2023 (€41.51 Mil).

Sandmartin International Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (€46.60 Mil) to Dec. 2022 (€45.08 Mil) and declined from Dec. 2022 (€45.08 Mil) to Dec. 2023 (€41.51 Mil).

Sandmartin International Holdings Accounts Payable & Accrued Expense Historical Data

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

Sandmartin International Holdings Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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46.51

31.98

46.60

45.08

41.51

Sandmartin International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															46.60	62.97	45.08	57.82	41.51

Sandmartin 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.

Sandmartin International Holdings (FRA:TQG0) Business Description

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00482:Hong Kong

Address

67 Mody Road, Unit 516, 5th Floor, Peninsula Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

https://www.sandmartin.com.hk

Sandmartin International Holdings Ltd, along with its subsidiaries is engaged in the manufacturing and trading of satellite television equipment products, other electronic goods, and satellite television broadcasting. The product line of the company consists of digital receivers, components, Radio frequency (RF) products, fiber optics, networking products and digital measurement equipment. The business of the company operates in segments that include Media Entertainment Platform, Other Multimedia Products, and Satellite TV Equipment and Antenna products. Satellite TV Equipment and Antenna generates maximum revenue for the company. It exports its products to Asia, Europe, North America, Middle East, Africa, South America, and other regions.

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