Minmetals Land (HKSE:00230) Accounts Payable & Accrued Expense : HK$4,278 Mil (As of Dec. 2023)

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What is Minmetals Land Accounts Payable & Accrued Expense?

Minmetals Land's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$8,391 Mil) to Jun. 2023 (HK$9,820 Mil) but then declined from Jun. 2023 (HK$9,820 Mil) to Dec. 2023 (HK$4,278 Mil).

Minmetals Land's annual accounts payable & accrued expense declined from Dec. 2021 (HK$9,958 Mil) to Dec. 2022 (HK$8,391 Mil) and declined from Dec. 2022 (HK$8,391 Mil) to Dec. 2023 (HK$4,278 Mil).

Minmetals Land Accounts Payable & Accrued Expense Historical Data

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

Minmetals Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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4,230.26

8,072.99

9,957.89

8,391.21

4,277.64

Minmetals Land 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															9,957.89	14,080.21	8,391.21	9,819.93	4,277.64

Minmetals Land 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.

Minmetals Land (HKSE:00230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Minmetals Land Ltd (HKSE:00230) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

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Address

79 Chatham Road South, 18th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.minmetalsland.com

Minmetals Land Ltd is a Hong Kong-based investment holding company. It is principally engaged in real estate development, specialised construction, property investment, and securities investment. The firm has four operating segments which are Real estate development, Specialised construction, Property investment, and Securities investment. Its real estate development business, which is the key revenue-generating segment, covers the development and sales of residential and commercial properties. The group operates in Hong Kong and Mainland China, of which a majority of revenue is derived from Mainland China.

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