Frontage Holdings (HKSE:01521) Accounts Payable & Accrued Expense : HK$313 Mil (As of Dec. 2023)

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What is Frontage Holdings Accounts Payable & Accrued Expense?

Frontage Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$299 Mil) to Jun. 2023 (HK$212 Mil) but then increased from Jun. 2023 (HK$212 Mil) to Dec. 2023 (HK$313 Mil).

Frontage Holdings's annual accounts payable & accrued expense declined from Dec. 2021 (HK$328 Mil) to Dec. 2022 (HK$299 Mil) but then increased from Dec. 2022 (HK$299 Mil) to Dec. 2023 (HK$313 Mil).

Frontage Holdings Accounts Payable & Accrued Expense Historical Data

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

Frontage Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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93.33

174.15

328.03

299.21

312.91

Frontage Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									328.03	314.47	299.21	212.35	312.91

Frontage 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.

Frontage Holdings (HKSE:01521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Frontage Holdings Corp (HKSE:01521) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

FGHQF:USA

Address

700 Pennsylvania Drive, Exton, PA, USA, 19341

Website

https://www.frontagelab.com

Frontage Holdings Corp is a contract research organization providing integrated, scientifically driven research, analytical and development services. Geographically the group operates in both PRC and North America. The services provided in the North American segment, include Bioanalytical, CMC, DMPK and Safety and Toxicology services in the USA and Canada. The service offered in PRC includes Bioanalytical, Bioequivalence and CMC services in the PRC. Further, it also provides bioanalytical services, which are offered throughout the drug discovery and development process both in the United States and China.

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