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China Travel International Investment Hong Kong (HKSE:00308) Accounts Payable & Accrued Expense : HK$2,345 Mil (As of Dec. 2023)


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What is China Travel International Investment Hong Kong Accounts Payable & Accrued Expense?

China Travel International Investment Hong Kong's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$2,305 Mil) to Jun. 2023 (HK$3,234 Mil) but then declined from Jun. 2023 (HK$3,234 Mil) to Dec. 2023 (HK$2,345 Mil).

China Travel International Investment Hong Kong's annual accounts payable & accrued expense declined from Dec. 2021 (HK$2,413 Mil) to Dec. 2022 (HK$2,305 Mil) but then increased from Dec. 2022 (HK$2,305 Mil) to Dec. 2023 (HK$2,345 Mil).


China Travel International Investment Hong Kong Accounts Payable & Accrued Expense Historical Data

The historical data trend for China Travel International Investment Hong Kong'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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China Travel International Investment Hong Kong Accounts Payable & Accrued Expense Chart

China Travel International Investment Hong Kong Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,459.63 3,765.56 2,412.77 2,304.61 2,344.85

China Travel International Investment Hong Kong 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,412.77 4,015.39 2,304.61 3,233.78 2,344.85

China Travel International Investment Hong Kong 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.


China Travel International Investment Hong Kong (HKSE:00308) Business Description

Traded in Other Exchanges
Address
78-83 Connaught Road Central, 12th Floor, CTS House, Hong Kong, HKG
China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel agency and related operations, tourist attractions, hotels, and passenger transportation services. It derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the largest portion of company revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.

China Travel International Investment Hong Kong (HKSE:00308) Headlines

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