Asia Standard Hotel Group (HKSE:00292) Accounts Payable & Accrued Expense : HK$175.5 Mil (As of Mar. 2024)

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What is Asia Standard Hotel Group Accounts Payable & Accrued Expense?

Asia Standard Hotel Group's quarterly accounts payable & accrued expense increased from Mar. 2023 (HK$147.1 Mil) to Sep. 2023 (HK$191.1 Mil) but then declined from Sep. 2023 (HK$191.1 Mil) to Mar. 2024 (HK$175.5 Mil).

Asia Standard Hotel Group's annual accounts payable & accrued expense declined from Mar. 2022 (HK$178.8 Mil) to Mar. 2023 (HK$147.1 Mil) but then increased from Mar. 2023 (HK$147.1 Mil) to Mar. 2024 (HK$175.5 Mil).

Asia Standard Hotel Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asia Standard Hotel 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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Asia Standard Hotel Group Accounts Payable & Accrued Expense Chart

Asia Standard Hotel Group Annual Data

Trend

Mar15

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Mar19

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Mar24

Accounts Payable & Accrued Expense

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106.34

811.30

178.77

147.09

175.51

Asia Standard Hotel Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															178.77	234.54	147.09	191.08	175.51

Asia Standard Hotel 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.

Asia Standard Hotel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Standard Hotel Group Ltd (HKSE:00292) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG

Website

http://www.asiastandardhotelgroup.com

Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

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