Shimao Services Holdings (HKSE:00873) Accounts Payable & Accrued Expense : HK$1,756 Mil (As of Dec. 2023)

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What is Shimao Services Holdings Accounts Payable & Accrued Expense?

Shimao Services Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$1,752 Mil) to Jun. 2023 (HK$1,672 Mil) but then increased from Jun. 2023 (HK$1,672 Mil) to Dec. 2023 (HK$1,756 Mil).

Shimao Services Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$1,878 Mil) to Dec. 2022 (HK$1,752 Mil) but then increased from Dec. 2022 (HK$1,752 Mil) to Dec. 2023 (HK$1,756 Mil).

Shimao Services Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Shimao Services 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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Shimao Services Holdings Accounts Payable & Accrued Expense Chart

Shimao Services Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,503.70

1,025.56

1,878.32

1,752.23

1,756.30

Shimao Services Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial							1,878.32	3,433.32	1,752.23	1,672.14	1,756.30

Shimao Services 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.

Shimao Services Holdings (HKSE:00873) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Services Holdings Ltd (HKSE:00873) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SHMSF:USA

Address

No. 55, West Weifang Road, 26th Floor, Shanghai Shimao Tower, Shanghai, CHN, 200120

Website

https://www.shimaofuwu.com

Shimao Services Holdings Ltd is a property management and community living service provider in the PRC. The company operates in business in four lines namely property management services; community value-added services; value-added services to non-property owners and city services. It offers a wide range of property management services to property developers, property owners and residents. Its value-added services to non-property owners include sales office management services; preliminary planning and design consultancy services; and repair and maintenance services.

Shimao Services Holdings (HKSE:00873) Headlines

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