Morris Home Holdings (HKSE:01575) Accounts Payable & Accrued Expense : HK$195.5 Mil (As of Dec. 2023)

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What is Morris Home Holdings Accounts Payable & Accrued Expense?

Morris Home Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 (HK$331.9 Mil) to Jun. 2023 (HK$244.2 Mil) and declined from Jun. 2023 (HK$244.2 Mil) to Dec. 2023 (HK$195.5 Mil).

Morris Home Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (HK$297.0 Mil) to Dec. 2022 (HK$331.9 Mil) but then declined from Dec. 2022 (HK$331.9 Mil) to Dec. 2023 (HK$195.5 Mil).

Morris Home Holdings Accounts Payable & Accrued Expense Historical Data

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

Morris Home Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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602.73

419.75

297.01

331.94

195.47

Morris Home Holdings Semi-Annual Data
	Dec13	Dec14	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														297.01	405.56	331.94	244.18	195.47

Morris Home 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.

Morris Home Holdings (HKSE:01575) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Morris Home Holdings Ltd (HKSE:01575) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 258, Shengli Road, Maqiao Street, Haining City, Zhejiang Province, Jiaxing City, CHN

Website

http://www.morrishome.com.hk

Morris Home Holdings Ltd is an investment holding company engaged in the manufacturing and marketing of sofas, sofa covers, and other furniture products. The company's operating segment includes Retail and Manufacturing. It generates maximum revenue from the Retail segment. Geographically, it derives revenue from the Peoples Republic of China.

Executives

Morris Capital Limited	2101 Beneficial owner
Wu Xiangfei	2202 Interest of your spouse
Zou Gebing	2201 Interest of corporation controlled by you
Chen Jie	2106 Person having a security interest in shares
Century Icon Holdings Limited	2101 Beneficial owner
Tse Kam Pang	2201 Interest of corporation controlled by you
Morris Esop Development Limited	2306 Nominee for another person
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Morris Capital Ltd.	2101 Beneficial owner

Morris Home Holdings (HKSE:01575) Headlines

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