Hong Kong Technology Venture Co (HKSE:01137) Accounts Payable & Accrued Expense : HK$570 Mil (As of Dec. 2023)

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What is Hong Kong Technology Venture Co Accounts Payable & Accrued Expense?

Hong Kong Technology Venture Co's quarterly accounts payable & accrued expense increased from Dec. 2022 (HK$553 Mil) to Jun. 2023 (HK$598 Mil) but then declined from Jun. 2023 (HK$598 Mil) to Dec. 2023 (HK$570 Mil).

Hong Kong Technology Venture Co's annual accounts payable & accrued expense increased from Dec. 2021 (HK$428 Mil) to Dec. 2022 (HK$553 Mil) and increased from Dec. 2022 (HK$553 Mil) to Dec. 2023 (HK$570 Mil).

Hong Kong Technology Venture Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hong Kong Technology Venture 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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Hong Kong Technology Venture Co Accounts Payable & Accrued Expense Chart

Hong Kong Technology Venture Co Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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297.41

499.55

428.35

553.11

570.30

Hong Kong Technology Venture Co Semi-Annual Data
	Feb14	Aug14	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															428.35	499.38	553.11	598.13	570.30

Hong Kong Technology Venture 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.

Hong Kong Technology Venture Co (HKSE:01137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HKTVY:USA XHN1:Germany

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.

Executives

Wong Wai Kay	2201 Interest of corporation controlled by you
Top Group International Ltd.	2101 Beneficial owner
Schroders Plc	2102 Investment manager
Top Group International Ltd.	2101 Beneficial owner
Cheung Chi Kin, Paul	2101 Beneficial owner

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