Cirtek Holdings (HKSE:01433) Accounts Payable & Accrued Expense : HK$121.0 Mil (As of Dec. 2023)

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What is Cirtek Holdings Accounts Payable & Accrued Expense?

Cirtek Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$102.7 Mil) to Jun. 2023 (HK$100.7 Mil) but then increased from Jun. 2023 (HK$100.7 Mil) to Dec. 2023 (HK$121.0 Mil).

Cirtek Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$103.5 Mil) to Dec. 2022 (HK$102.7 Mil) but then increased from Dec. 2022 (HK$102.7 Mil) to Dec. 2023 (HK$121.0 Mil).

Cirtek Holdings Accounts Payable & Accrued Expense Historical Data

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

Cirtek Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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78.69

69.08

103.55

102.68

120.97

Cirtek Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial								103.55	96.40	102.68	100.68	120.97

Cirtek 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.

Cirtek Holdings (HKSE:01433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cirtek Holdings Ltd (HKSE:01433) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Cheung Yue Street, 1st Floor, Wing Ming Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.cirtek.com

Cirtek Holdings Ltd is engaged in manufacturing and sale of apparel products, such as hang tags, woven labels, printed labels and heat transfer products. It generates revenue from Hong Kong, Mainland China, Bangladesh, Vietnam, U.S and Other countries.

Executives

Charming International Limited	2101 Beneficial owner
Chan Sing Ming Barry	2201 Interest of corporation controlled by you
Law Miu Lan	2201 Interest of corporation controlled by you

Cirtek Holdings (HKSE:01433) Headlines

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