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Virtual Mind Holding Co (HKSE:01520) Accounts Payable & Accrued Expense : HK$13.4 Mil (As of Dec. 2024)


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What is Virtual Mind Holding Co Accounts Payable & Accrued Expense?

Virtual Mind Holding Co's quarterly accounts payable & accrued expense increased from Dec. 2023 (HK$20.2 Mil) to Jun. 2024 (HK$24.4 Mil) but then declined from Jun. 2024 (HK$24.4 Mil) to Dec. 2024 (HK$13.4 Mil).

Virtual Mind Holding Co's annual accounts payable & accrued expense increased from Dec. 2022 (HK$17.6 Mil) to Dec. 2023 (HK$20.2 Mil) but then declined from Dec. 2023 (HK$20.2 Mil) to Dec. 2024 (HK$13.4 Mil).


Virtual Mind Holding Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Virtual Mind Holding 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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Virtual Mind Holding Co Accounts Payable & Accrued Expense Chart

Virtual Mind Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.75 24.84 17.59 20.22 13.41

Virtual Mind Holding Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 17.59 9.26 20.22 24.40 13.41

Virtual Mind Holding 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.


Virtual Mind Holding Co Business Description

Traded in Other Exchanges
N/A
Address
538 Castle Peak Road, Room 2511-15, 25th Floor, Peninsula Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Virtual Mind Holding Co Ltd is engaged in designing, manufacturing, and trading apparel, providing money lending services, and selling trendy cultural, game, and other products. The company's segments include Design, manufacturing and trading of apparel, Provision for money lending services, and Sale of trendy cultural, game, and other products. The majority of the revenue is derived from the Sale of trendy cultural, game, and other products. Geographically, it operates in the PRC, which derives the majority of the revenue, and Hong Kong.
Executives
Value Convergence Holdings Limited 2201 Interest of corporation controlled by you
Wong Kin Ting 2501 Other
King Castle Enterprises Limited 2101 Beneficial owner
Vc International Asset Management Limited 2102 Investment manager
Anli Investment Fund Spc-anli Greater China Opportunity Fund Segregated Portfolio 2101 Beneficial owner
Yu Chunfeng 2101 Beneficial owner
King Castle Enterprises Limited 2501 Other
Dreamtoys Ltd 2101 Beneficial owner
Zeng Ge 2201 Interest of corporation controlled by you
Vc Financial Group Limited 2201 Interest of corporation controlled by you
Anli Holdings Limited 2201 Interest of corporation controlled by you
Anli Asset Management Limited 2102 Investment manager
Baolingbao Biology Co.,ltd. 2201 Interest of corporation controlled by you
Li Shao Yu
Blb International Company Limited 2101 Beneficial owner

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