Minerva Group Holding (HKSE:00397) Accounts Payable & Accrued Expense : HK$23.33 Mil (As of Dec. 2023)

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What is Minerva Group Holding Accounts Payable & Accrued Expense?

Minerva Group Holding's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$26.21 Mil) to Jun. 2023 (HK$28.68 Mil) but then declined from Jun. 2023 (HK$28.68 Mil) to Dec. 2023 (HK$23.33 Mil).

Minerva Group Holding's annual accounts payable & accrued expense declined from Dec. 2021 (HK$30.52 Mil) to Dec. 2022 (HK$26.21 Mil) and declined from Dec. 2022 (HK$26.21 Mil) to Dec. 2023 (HK$23.33 Mil).

Minerva Group Holding Accounts Payable & Accrued Expense Historical Data

The historical data trend for Minerva Group Holding'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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Minerva Group Holding Accounts Payable & Accrued Expense Chart

Minerva Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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19.79

21.58

30.52

26.21

23.33

Minerva Group Holding 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															30.52	20.06	26.21	28.68	23.33

Minerva Group Holding 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.

Minerva Group Holding (HKSE:00397) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Minerva Group Holding Ltd (HKSE:00397) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Unit 1804A, 18th floor, Far East Finance Centre, Hong Kong, HKG

Website

http://www.powerfinancial.com.hk

Minerva Group Holding Ltd Formerly Power Financial Group Ltd is principally engaged in the financial services business, money lending business, and asset investment, t. The company operates through four segments Financial Services segment provides financial services including securities brokerage, placing, and corporate finance advisory services in Hong Kong; the Money Lending segment provides loan financing in Hong Kong; and Assets investment segment that invests in debt securities earning fixed interest income, as well as investments in listed and unlisted equity securities and investment funds earning variable returns and gains. It derives the majority of its revenue from the Money lending segment. It derives revenue from Hong Kong.

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