ITC Properties Group (HKSE:00199) Accounts Payable & Accrued Expense : HK$296.3 Mil (As of Sep. 2023)

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What is ITC Properties Group Accounts Payable & Accrued Expense?

ITC Properties Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$1,034.9 Mil) to Mar. 2023 (HK$442.7 Mil) and declined from Mar. 2023 (HK$442.7 Mil) to Sep. 2023 (HK$296.3 Mil).

ITC Properties Group's annual accounts payable & accrued expense increased from Mar. 2021 (HK$406.4 Mil) to Mar. 2022 (HK$1,044.2 Mil) but then declined from Mar. 2022 (HK$1,044.2 Mil) to Mar. 2023 (HK$442.7 Mil).

ITC Properties Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for ITC Properties Group'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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ITC Properties Group Accounts Payable & Accrued Expense Chart

ITC Properties Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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804.89

563.25

406.41

1,044.19

442.73

ITC Properties Group 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															1,152.96	1,044.19	1,034.93	442.73	296.34

ITC Properties Group 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.

ITC Properties Group (HKSE:00199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ITC Properties Group Ltd (HKSE:00199) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Harcourt Road, 30th Floor, Bank of America Tower, Central, Hong Kong, HKG

Website

http://www.itcproperties.com

ITC Properties Group Ltd is an investment holding company principally engaged in the development, selling of, and investment in properties. Its operating segment includes Property; Hotel and leisure; Securities investments and Finance. It generates maximum revenue from the Property segment which includes the development, selling, and investment in properties. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Other Countries.

Executives

Fortune Crystal Holdings Limited
Record High Enterprises Limited
Galaxyway Investments Limited
Itc Holdings Limited
Chan Kwok Keung Charles
Ng Yuen Lan Macy
Cheung Hon Kit	2101 Beneficial owner

ITC Properties Group (HKSE:00199) Headlines

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