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Travel Expert (Asia) Enterprises (HKSE:01235) Accounts Payable & Accrued Expense : HK$24.40 Mil (As of Sep. 2023)


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What is Travel Expert (Asia) Enterprises Accounts Payable & Accrued Expense?

Travel Expert (Asia) Enterprises's quarterly accounts payable & accrued expense increased from Sep. 2022 (HK$8.61 Mil) to Mar. 2023 (HK$15.67 Mil) and increased from Mar. 2023 (HK$15.67 Mil) to Sep. 2023 (HK$24.40 Mil).

Travel Expert (Asia) Enterprises's annual accounts payable & accrued expense declined from Mar. 2021 (HK$14.51 Mil) to Mar. 2022 (HK$13.26 Mil) but then increased from Mar. 2022 (HK$13.26 Mil) to Mar. 2023 (HK$15.67 Mil).


Travel Expert (Asia) Enterprises Accounts Payable & Accrued Expense Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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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Travel Expert (Asia) Enterprises Accounts Payable & Accrued Expense Chart

Travel Expert (Asia) Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.94 38.52 14.51 13.26 15.67

Travel Expert (Asia) Enterprises Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.74 13.26 8.61 15.67 24.40

Travel Expert (Asia) Enterprises 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.


Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Traded in Other Exchanges
N/A
Address
88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG
Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

Travel Expert (Asia) Enterprises (HKSE:01235) Headlines

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