Fairwood Holdings (Fairwood Holdings) Accounts Payable & Accrued Expense : $60.5 Mil (As of Sep. 2023)

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What is Fairwood Holdings Accounts Payable & Accrued Expense?

Fairwood Holdings's quarterly accounts payable & accrued expense declined from Sep. 2022 ($59.8 Mil) to Mar. 2023 ($50.4 Mil) but then increased from Mar. 2023 ($50.4 Mil) to Sep. 2023 ($60.5 Mil).

Fairwood Holdings's annual accounts payable & accrued expense declined from Mar. 2021 ($45.0 Mil) to Mar. 2022 ($43.2 Mil) but then increased from Mar. 2022 ($43.2 Mil) to Mar. 2023 ($50.4 Mil).

Fairwood Holdings Accounts Payable & Accrued Expense Historical Data

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

Fairwood Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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50.02

52.68

44.97

43.20

50.36

Fairwood Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															60.13	43.20	59.84	50.36	60.49

Fairwood 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.

Fairwood Holdings (Fairwood Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Fairwood Holdings Ltd (OTCPK:FRWDF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

00052:Hong Kong

Address

18 Tanner Road, 2nd Floor, TRP Commercial Centre, North Point, Hong Kong, HKG

Website

https://www.fairwoodholdings.com.hk

Fairwood Holdings Ltd. is an investment holding company. It is engaged in the operation of fast-food restaurants and property investments. The group manages its operations by two divisions, based on the geographic location, namely Hong Kong restaurants, and Mainland China restaurants. It derives a majority of its revenue from operating restaurants in Hong Kong. Its eateries portfolio comprises crispy fried snacks, chicken wings, chicken curry with white rice, spaghetti, salads, and desserts, among other items.

Fairwood Holdings (Fairwood Holdings) Headlines

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