Pioneer Global Group (HKSE:00224) Accounts Payable & Accrued Expense : HK$21.2 Mil (As of Sep. 2023)

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What is Pioneer Global Group Accounts Payable & Accrued Expense?

Pioneer Global Group's quarterly accounts payable & accrued expense declined from Sep. 2022 (HK$52.4 Mil) to Mar. 2023 (HK$29.2 Mil) and declined from Mar. 2023 (HK$29.2 Mil) to Sep. 2023 (HK$21.2 Mil).

Pioneer Global Group's annual accounts payable & accrued expense increased from Mar. 2021 (HK$33.9 Mil) to Mar. 2022 (HK$39.3 Mil) but then declined from Mar. 2022 (HK$39.3 Mil) to Mar. 2023 (HK$29.2 Mil).

Pioneer Global Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pioneer Global 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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Pioneer Global Group Accounts Payable & Accrued Expense Chart

Pioneer Global Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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33.27

36.78

33.85

39.32

29.25

Pioneer Global 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															47.39	39.32	52.35	29.25	21.23

Pioneer Global 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.

Pioneer Global Group (HKSE:00224) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Pioneer Global Group Ltd (HKSE:00224) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Yee Wo Street, 18th Floor, Causeway Bay, Hong Kong, HKG

Website

http://www.pioneerglobalgroup.com

Pioneer Global Group Ltd is an investment holding company. The company's operating segment includes Properties and hotels, and Investments and others. The company generates maximum revenue from the Properties and hotels segment which involves investment in properties and hotels that earn rental and returns in hotel operation. The company earns revenue from the rental, dividend, and interest income. Geographically, the company derives a majority of its revenue from Hong Kong and also has an international presence.

Executives

Gaw Kenneth	2305 Beneficiary of a trust
Gaw Wang Rossana	2201 Interest of corporation controlled by you
Forward Investments Inc.	2101 Beneficial owner
Asset-plus Investments Ltd.	2101 Beneficial owner
Intercontinental Enterprises Corp.	2101 Beneficial owner

Pioneer Global Group (HKSE:00224) Headlines

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