Lai Sun Development Co (HKSE:00488) Accounts Payable & Accrued Expense : HK$3,336 Mil (As of Jan. 2024)

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What is Lai Sun Development Co Accounts Payable & Accrued Expense?

Lai Sun Development Co's quarterly accounts payable & accrued expense declined from Jan. 2023 (HK$3,960 Mil) to Jul. 2023 (HK$2,441 Mil) but then increased from Jul. 2023 (HK$2,441 Mil) to Jan. 2024 (HK$3,336 Mil).

Lai Sun Development Co's annual accounts payable & accrued expense declined from Jul. 2021 (HK$3,987 Mil) to Jul. 2022 (HK$2,554 Mil) and declined from Jul. 2022 (HK$2,554 Mil) to Jul. 2023 (HK$2,441 Mil).

Lai Sun Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lai Sun Development Co'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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Lai Sun Development Co Accounts Payable & Accrued Expense Chart

Lai Sun Development Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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3,485.87

3,831.20

3,986.78

2,553.85

2,440.87

Lai Sun Development Co Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,694.83	2,553.85	3,959.80	2,440.87	3,335.84

Lai Sun Development Co 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.

Lai Sun Development Co (HKSE:00488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Sun Development Co Ltd (HKSE:00488) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

LVSDF:USA

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laisun.com

Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.

Lai Sun Development Co (HKSE:00488) Headlines

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