Veson Holdings (HKSE:01399) Accounts Payable & Accrued Expense : HK$2,674 Mil (As of Dec. 2023)

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What is Veson Holdings Accounts Payable & Accrued Expense?

Veson Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$3,062 Mil) to Jun. 2023 (HK$2,203 Mil) but then increased from Jun. 2023 (HK$2,203 Mil) to Dec. 2023 (HK$2,674 Mil).

Veson Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$4,028 Mil) to Dec. 2022 (HK$3,062 Mil) and declined from Dec. 2022 (HK$3,062 Mil) to Dec. 2023 (HK$2,674 Mil).

Veson Holdings Accounts Payable & Accrued Expense Historical Data

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

Veson Holdings Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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3,851.07

3,136.93

4,028.17

3,062.50

2,673.59

Veson Holdings Semi-Annual Data
	Jun14	Dec14	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															4,028.17	3,110.47	3,062.50	2,203.30	2,673.59

Veson 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.

Veson Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN

Website

http://www.vesonhldg.com

Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.

Executives

Fang Jin	2201 Interest of corporation controlled by you
Right Grand Holdings Limited	2101 Beneficial owner
Swift Joy Holdings Limited	2101 Beneficial owner

Veson Holdings Headlines

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