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MTR (HKSE:00066) Accounts Payable & Accrued Expense : HK$75,828 Mil (As of Dec. 2023)


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What is MTR Accounts Payable & Accrued Expense?

MTR's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$69,111 Mil) to Jun. 2023 (HK$81,986 Mil) but then declined from Jun. 2023 (HK$81,986 Mil) to Dec. 2023 (HK$75,828 Mil).

MTR's annual accounts payable & accrued expense increased from Dec. 2021 (HK$40,063 Mil) to Dec. 2022 (HK$69,111 Mil) and increased from Dec. 2022 (HK$69,111 Mil) to Dec. 2023 (HK$75,828 Mil).


MTR Accounts Payable & Accrued Expense Historical Data

The historical data trend for MTR'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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MTR Accounts Payable & Accrued Expense Chart

MTR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,116.00 35,850.00 40,063.00 69,111.00 75,828.00

MTR 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 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 40,063.00 45,000.00 69,111.00 81,986.00 75,828.00

MTR 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.


MTR (HKSE:00066) Business Description

Industry
Traded in Other Exchanges
Address
33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG
MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. Average operating profit, in a normalized environment, is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.

MTR (HKSE:00066) Headlines

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