MOBI Development Co (HKSE:00947) Accounts Payable & Accrued Expense : HK$561.7 Mil (As of Dec. 2024)

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What is MOBI Development Co Accounts Payable & Accrued Expense?

MOBI Development Co's quarterly accounts payable & accrued expense declined from Dec. 2023 (HK$677.4 Mil) to Jun. 2024 (HK$439.9 Mil) but then increased from Jun. 2024 (HK$439.9 Mil) to Dec. 2024 (HK$561.7 Mil).

MOBI Development Co's annual accounts payable & accrued expense declined from Dec. 2022 (HK$759.5 Mil) to Dec. 2023 (HK$677.4 Mil) and declined from Dec. 2023 (HK$677.4 Mil) to Dec. 2024 (HK$561.7 Mil).

MOBI Development Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for MOBI 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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MOBI Development Co Accounts Payable & Accrued Expense Chart

MOBI Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Payable & Accrued Expense

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733.50

722.01

759.55

677.36

561.74

MOBI Development Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															759.55	566.46	677.36	439.94	561.74

MOBI 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.

MOBI Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MOBI Development Co Ltd (HKSE:00947) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Genyu Road, Gongming Street, MOBI Technology Building, Guangming District, Guangdong Province, Shenzen, CHN

Website

http://www.mobi-antenna.com

MOBI Development Co Ltd is engaged in the communications business sector. It specializes in antenna, radiofrequency, communications products, and solutions of wi-fi series. It operates in three business segments that are Antenna systems engaged in the manufacturing and sales of the antenna systems and related products; the Base station RF subsystem consists of the manufacturing and sales of base station RF subsystem and related products; the Coverage extension solution segment manufactures and sales of coverage products. The majority of the revenue comes from the Base station RF subsystem. Geographically, It operates in The PRC, Other countries/regions in Asia, Europe, Americas and Others.

Executives

Li Xiaoyong

2101 Beneficial owner

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