Liu Chong Hing Investment (HKSE:00194) Accounts Payable & Accrued Expense : HK$578.1 Mil (As of Dec. 2023)

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What is Liu Chong Hing Investment Accounts Payable & Accrued Expense?

Liu Chong Hing Investment's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$521.8 Mil) to Jun. 2023 (HK$411.1 Mil) but then increased from Jun. 2023 (HK$411.1 Mil) to Dec. 2023 (HK$578.1 Mil).

Liu Chong Hing Investment's annual accounts payable & accrued expense declined from Dec. 2021 (HK$631.1 Mil) to Dec. 2022 (HK$521.8 Mil) but then increased from Dec. 2022 (HK$521.8 Mil) to Dec. 2023 (HK$578.1 Mil).

Liu Chong Hing Investment Accounts Payable & Accrued Expense Historical Data

The historical data trend for Liu Chong Hing Investment'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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Liu Chong Hing Investment Accounts Payable & Accrued Expense Chart

Liu Chong Hing Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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489.05

306.34

631.06

521.84

578.11

Liu Chong Hing Investment 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															631.06	582.07	521.84	411.10	578.11

Liu Chong Hing Investment 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.

Liu Chong Hing Investment (HKSE:00194) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Liu Chong Hing Investment Ltd (HKSE:00194) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

24 Des Voeux Road Central, 23rd Floor, Chong Hing Bank Centre, Hong Kong, HKG

Website

https://www.lchi.com.hk

Liu Chong Hing Investment Ltd is an investment holding company engaged in property investment and property development. It has six operating segments the Property Investment segment is engaged in the investment and leasing of properties; the Property Development segment is engaged in the development and sales of properties; the Property Management segment is engaged in the provision of property management services; Treasury Investment is engaged in dealing and investing in securities and other financial instruments; Trading and Manufacturing segment is engaged in the manufacture and wholesale of magnetic products; Hotel Operation segment is engaged in the operation and management of hotels, and it derives the maximum revenue from the Property investment segment.

Executives

Alba Holdings Limited	2101 Beneficial owner
Liu Lit Chi	2201 Interest of corporation controlled by you

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