Future Bright Holdings (HKSE:00703) Accounts Payable & Accrued Expense : HK$117.9 Mil (As of Dec. 2023)

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What is Future Bright Holdings Accounts Payable & Accrued Expense?

Future Bright Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$158.3 Mil) to Jun. 2023 (HK$153.5 Mil) and declined from Jun. 2023 (HK$153.5 Mil) to Dec. 2023 (HK$117.9 Mil).

Future Bright Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$119.1 Mil) to Dec. 2022 (HK$158.3 Mil) but then declined from Dec. 2022 (HK$158.3 Mil) to Dec. 2023 (HK$117.9 Mil).

Future Bright Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Future Bright 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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Future Bright Holdings Accounts Payable & Accrued Expense Chart

Future Bright Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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172.92

119.68

119.15

158.26

117.90

Future Bright Holdings 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															119.15	159.64	158.26	153.53	117.90

Future Bright 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.

Future Bright Holdings (HKSE:00703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Future Bright Holdings Ltd (HKSE:00703) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 21-24 Connaught Road West, Units 803-804, 8th Floor, Seaview Commercial Building, Sheung Wan, Hong Kong, HKG

Website

https://www.fb.com.hk

Future Bright Holdings Ltd is principally engaged in food and catering businesses. The company operates through three segments. The food and Catering segment is engaged in the sales of food and the provision of catering services in Macau, Mainland China, Taiwan, and Hong Kong. It has Japanese restaurants, Chinese restaurants, western restaurants, and food court counters, among others. The food Souvenir segment is engaged in the sales of food souvenirs, including festival food products. The Property Investment segment is engaged in the leasing of properties. The food and Catering segment contributes majorly to the firm's revenue. The firm generates most of its revenue from Macau.

Executives

Ophorst Van Marwijk Kooy Vermogensbeheer N.v.

2102 Investment manager

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