Auto Italia Holdings (HKSE:00720) Accounts Payable & Accrued Expense : HK$8.33 Mil (As of Dec. 2023)

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What is Auto Italia Holdings Accounts Payable & Accrued Expense?

Auto Italia Holdings's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$7.98 Mil) to Jun. 2023 (HK$16.72 Mil) but then declined from Jun. 2023 (HK$16.72 Mil) to Dec. 2023 (HK$8.33 Mil).

Auto Italia Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$13.60 Mil) to Dec. 2022 (HK$7.98 Mil) but then increased from Dec. 2022 (HK$7.98 Mil) to Dec. 2023 (HK$8.33 Mil).

Auto Italia Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Auto Italia 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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Auto Italia Holdings Accounts Payable & Accrued Expense Chart

Auto Italia Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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16.62

18.05

13.60

7.98

8.33

Auto Italia 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															13.60	12.85	7.98	16.72	8.33

Auto Italia 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.

Auto Italia Holdings (HKSE:00720) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Auto Italia Holdings Ltd (HKSE:00720) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

8 Connaught Place, 49th Floor, One Exchange Square, Central, Hong Kong, HKG

Website

http://www.autoitalia.com.hk

Auto Italia Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in the provision of financing and property investment. The company's activities include the trading of cars and related accessories and the provision of after-sales and pre-delivery inspection services. The group's geographical markets include Hong Kong, Macau, and Mainland China.

Auto Italia Holdings (HKSE:00720) Headlines

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