Hong Kong Economic Times Holdings (HKSE:00423) Accounts Payable & Accrued Expense : HK$24.9 Mil (As of Mar. 2024)

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What is Hong Kong Economic Times Holdings Accounts Payable & Accrued Expense?

Hong Kong Economic Times Holdings's quarterly accounts payable & accrued expense increased from Mar. 2023 (HK$25.1 Mil) to Sep. 2023 (HK$32.6 Mil) but then declined from Sep. 2023 (HK$32.6 Mil) to Mar. 2024 (HK$24.9 Mil).

Hong Kong Economic Times Holdings's annual accounts payable & accrued expense declined from Mar. 2022 (HK$30.9 Mil) to Mar. 2023 (HK$25.1 Mil) and declined from Mar. 2023 (HK$25.1 Mil) to Mar. 2024 (HK$24.9 Mil).

Hong Kong Economic Times Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hong Kong Economic Times Holdings'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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Hong Kong Economic Times Holdings Accounts Payable & Accrued Expense Chart

Hong Kong Economic Times Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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28.32

29.32

30.94

25.12

24.85

Hong Kong Economic Times Holdings 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															30.94	30.96	25.12	32.64	24.85

Hong Kong Economic Times Holdings 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.

Hong Kong Economic Times Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hong Kong Economic Times Holdings Ltd (HKSE:00423) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HKGEF:USA

Address

321 Java Road, 6th Floor, Kodak House II, North Point, Hong Kong, HKG

Website

http://www.hketgroup.com

Hong Kong Economic Times Holdings Ltd is an investment holding company. It is engaged in the printing and publishing of newspapers and magazines and the operation of their associated digital businesses; the operation of recruitment advertising and lifestyle platforms; and the provision of electronic financial and property market information services. Its segments are Media segment, majority revenue deriving segment, engaged in the printing and publication of newspapers, magazines and books and the operation of digital platforms, including recruitment, finance and lifestyle; and Financial news agency, information and solutions segment.

Executives

Webb David Michael	2201 Interest of corporation controlled by you
Preferable Situation Assets Limited	2101 Beneficial owner
Golden Rooster Limited	2101 Beneficial owner
Lee Su Hwei	2201 Interest of corporation controlled by you
Fung Siu Por	2201 Interest of corporation controlled by you

Hong Kong Economic Times Holdings Headlines

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