Asia Cassava Resources Holdings (HKSE:00841) Accounts Payable & Accrued Expense : HK$109 Mil (As of Mar. 2024)

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What is Asia Cassava Resources Holdings Accounts Payable & Accrued Expense?

Asia Cassava Resources Holdings's quarterly accounts payable & accrued expense declined from Mar. 2023 (HK$119 Mil) to Sep. 2023 (HK$103 Mil) but then increased from Sep. 2023 (HK$103 Mil) to Mar. 2024 (HK$109 Mil).

Asia Cassava Resources Holdings's annual accounts payable & accrued expense increased from Mar. 2022 (HK$89 Mil) to Mar. 2023 (HK$119 Mil) but then declined from Mar. 2023 (HK$119 Mil) to Mar. 2024 (HK$109 Mil).

Asia Cassava Resources Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Asia Cassava Resources 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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Asia Cassava Resources Holdings Accounts Payable & Accrued Expense Chart

Asia Cassava Resources Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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61.25

98.63

88.86

118.93

109.43

Asia Cassava Resources 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															88.86	85.77	118.93	103.35	109.43

Asia Cassava Resources 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.

Asia Cassava Resources Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asia Cassava Resources Holdings Ltd (HKSE:00841) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

N/A

Address

63 Mody Road, Unit 612-613, 6th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.asiacassava.com

Asia Cassava Resources Holdings Ltd is an investment holding company, which engages in the trade of dried cassava chips. It operates through the following segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel Operations. The Procurement and Sale of Dried Cassava Chips segment which generates majority revenue offer procurement and sale of dried cassava chips. The Property Investment segment invests in office space and industrial properties for its rental income potential. The Hotel Operations segment involves in hotel operations in the People's Republic of China. The company operates in four geographical markets Hong Kong, Mainland China, Laos and Thailand out of which Mainland China acts as a major revenue contributor.

Asia Cassava Resources Holdings Headlines

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