Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Accounts Payable & Accrued Expense : HK$32.4 Mil (As of Dec. 2023)

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What is Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Accounts Payable & Accrued Expense?

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$71.8 Mil) to Jun. 2023 (HK$31.8 Mil) but then increased from Jun. 2023 (HK$31.8 Mil) to Dec. 2023 (HK$32.4 Mil).

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's annual accounts payable & accrued expense declined from Dec. 2021 (HK$77.2 Mil) to Dec. 2022 (HK$71.8 Mil) and declined from Dec. 2022 (HK$71.8 Mil) to Dec. 2023 (HK$32.4 Mil).

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Accounts Payable & Accrued Expense Chart

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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25.81

42.90

77.20

71.75

32.44

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								77.20	76.30	71.75	31.83	32.44

Wenling Zhejiang Measuring And Cutting Tools Trading Centre 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.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd (HKSE:01379) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianyangxia Village, Wenqiao Town, Zhejiang Province, Wenling, CHN

Website

https://www.cnglj.com

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd is engaged in an established measuring and cutting tools trading centre operator in China. The principal activity and source of revenue of the group were primarily derived from the property leasing business through the operation of the Trading Centre for the measuring and cutting tools industry. The group also engages in real estate investment, development and management business through its material subsidiary, Wenling Sunrise Real Estate Development Co., Ltd.

Executives

Jia Xing Yuan Tai Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Xiang Gang Lei Gen Tou Zi Zhong Xin You Xian Gong Si	2101 Beneficial owner
Zhe Jiang Qian Jiang Mo Tuo Gu Fen You Xian Gong Si	2101 Beneficial owner
Wan Bang De Hang Zhou Tou Zi Guan Li You Xian Gong Si	2101 Beneficial owner
Zhe Jiang Zhong Ma Chuan Dong Gu Fen You Xian Gong Si	2101 Beneficial owner
Xin Jie Beng Ye Zhe Jiang You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Jie Beng Ye Xiang Gang You Xian Gong Si	2101 Beneficial owner
Wen Ling Long Xi Qi Ye Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Han Yi	2101 Beneficial owner

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