Miramar Hotel & Investment Co (HKSE:00071) Accounts Payable & Accrued Expense : HK$496 Mil (As of Dec. 2024)

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What is Miramar Hotel & Investment Co Accounts Payable & Accrued Expense?

Miramar Hotel & Investment Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (HK$505 Mil) to Jun. 2024 (HK$700 Mil) but then declined from Jun. 2024 (HK$700 Mil) to Dec. 2024 (HK$496 Mil).

Miramar Hotel & Investment Co's annual accounts payable & accrued expense increased from Dec. 2022 (HK$374 Mil) to Dec. 2023 (HK$505 Mil) but then declined from Dec. 2023 (HK$505 Mil) to Dec. 2024 (HK$496 Mil).

Miramar Hotel & Investment Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Miramar Hotel & Investment Co'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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Miramar Hotel & Investment Co Accounts Payable & Accrued Expense Chart

Miramar Hotel & Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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317.35

330.33

373.62

505.34

496.18

Miramar Hotel & Investment Co 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															373.62	622.43	505.34	699.74	496.18

Miramar Hotel & Investment Co 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.

Miramar Hotel & Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Miramar Hotel & Investment Co Ltd (HKSE:00071) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MMHTF:USA

Address

132 Nathan Road, 15th Floor, Mira Place Tower A, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.miramar-group.com

Miramar Hotel & Investment Co Ltd is an investment holding company. Along with its subsidiaries it operates in five reportbale segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provides hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in providing travel agency services; and Others. Maximum revenue for the group is generated from the Travel operation segment. Geographically, it generates maximum revenue from the Hong Kong Special Administrative Region, followed by the People's Republic of China, and United Kingdom.

Executives

Lee Ka Shing	2501 Other
Lee Shau Kee	2501 Other
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