Chinney Alliance Group (HKSE:00385) Accounts Payable & Accrued Expense : HK$1,108 Mil (As of Dec. 2023)

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What is Chinney Alliance Group Accounts Payable & Accrued Expense?

Chinney Alliance Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$861 Mil) to Jun. 2023 (HK$2,185 Mil) but then declined from Jun. 2023 (HK$2,185 Mil) to Dec. 2023 (HK$1,108 Mil).

Chinney Alliance Group's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,159 Mil) to Dec. 2022 (HK$861 Mil) but then increased from Dec. 2022 (HK$861 Mil) to Dec. 2023 (HK$1,108 Mil).

Chinney Alliance Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Chinney Alliance 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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Chinney Alliance Group Accounts Payable & Accrued Expense Chart

Chinney Alliance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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776.21

793.79

1,158.53

861.08

1,108.48

Chinney Alliance Group 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															1,158.53	1,727.03	861.08	2,185.31	1,108.48

Chinney Alliance 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.

Chinney Alliance Group (HKSE:00385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chinney Alliance Group Ltd (HKSE:00385) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG

Website

https://chinneyalliancegroup.etnet.com.hk

Chinney Alliance Group Ltd is an investment holding company. The company's operating segment includes Plastic and chemical products; Building related contracting services; Building construction; Foundation piling and ground investigation; the aviation segment and others. It generates maximum revenue from the Building related contracting services segment. The Building related contracting services segment consists of the provision of contracting services for both public and private sectors, including engineering contracting services in the air-conditioning industry and the provision of maintenance services. Geographically, it derives a majority of revenue from Hong Kong.

Executives

Wong Sai Wing, James

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